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The UK and US have blamed Iran for an attack on an oil tanker in which two crew members, including a British national, were killed.

Foreign Secretary Dominic Raab accused Iran of carrying out a “deliberate, targeted” assault which he says constituted “a clear violation of international law”.

Meanwhile, US Secretary of State Anthony Blinken said he was considering “next steps” with the UK and other allies, with “an appropriate response… forthcoming”.

The incident occurred last Thursday when the MV Mercer Street was off Oman’s Coast in the Arabian Sea.

“The UK condemns the unlawful and callous attack committed on a merchant vessel off the coast of Oman, which killed a British and a Romanian national,” Mr Raab said.

“Our thoughts are with the friends and family of those killed in the incident.

“We believe this attack was deliberate, targeted, and a clear violation of international law by Iran.

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Britain's Foreign Secretary Dominic Raab gestures during an interview with Reuters on the sidelines of G7 summit in Carbis Bay, Cornwall
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Foreign Secretary Dominic Raab said the incident marks ‘a clear violation of international law’

“UK assessments have concluded that it is highly likely that Iran attacked the MV Mercer Street in international waters off Oman on July 29 using one or more unmanned aerial vehicles (UAVs).

“Iran must end such attacks, and vessels must be allowed to navigate freely in accordance with international law.

“The UK is working with our international partners on a concerted response to this unacceptable attack.”

Mr Blinken said: “Upon review of the available information, we are confident that Iran conducted this attack, which killed two innocent people, using one-way explosive UAVs, a lethal capability it is increasingly employing throughout the region.”

He added: “We are working with our partners to consider our next steps and consulting with governments inside the region and beyond on an appropriate response, which will be forthcoming. We once again offer our condolences to the families of the victims.”

Earlier this week, Israeli foreign minister Yair Lapid blamed “Iranian terrorism” for the attack.

Iran has not yet commented on the allegations.

A Romanian citizen was also killed in the attack.

Yair Lapid is set to be handed the reins in two years time
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Israeli foreign minister Yair Lapid blamed ‘Iranian terrorism’ for the attack

Lisa Nandy, Labour’s shadow foreign secretary, said the UK government needs to take a hard line with Tehran.

She said: “The prime minister must make it clear to the incoming Iranian president that lawless actions will carry costs. This is the moment where Britain must show we are resolute in our determination to end this pattern of behaviour.

“The breakdown of a clear strategy to deal with Iran has not served the UK or our allies well in recent years. The foreign secretary must now make it a priority to pursue coordinated international efforts to tackle these actions by the Iranian government.”

The tanker is operated by London-based company Zodiac Maritime, who say they are working to establish what happened.

The incident has sparked concern that tensions are increasing in the region.

A UK source said crew members reported being targeted by “some sort of drone” on Thursday in the Arabian Sea before communications with the ship were lost.

If a drone attack is confirmed it would raise speculation about a possible link to a government or some kind of proxy group.

Iran in the past has repeatedly been accused of targeting tankers in the Gulf.

The country has been locked in a tit-for-tat contest with Israel, with both sides accusing the other of targeting ships and launching cyber attacks.

According to Eikon’s ship tracking, the Mercer Street was headed to Fujairah, a bunkering port and oil terminal in the United Arab Emirates, from Dar es Salaam, in Tanzania.

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‘My lawyers are ready’ for questions about corruption claims, ex-minister tells Sky News

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'My lawyers are ready' for questions about corruption claims, ex-minister tells Sky News

Tulip Siddiq has told Sky News her “lawyers are ready” to handle any formal questions about allegations she is involved in corruption in Bangladesh.

Asked whether she regrets apparent links with the Bangladeshi Awami League political party, Ms Siddiq said “why don’t you look at my legal letter and see if I have any questions to answer… [the Bangladeshi authorities] have not once contacted me and I’m waiting to hear from them”.

The London MP resigned as a Treasury minister in January after being named in several corruption inquiries in Bangladesh.

In her first public comments since leaving government, Ms Siddiq said “there’s been allegations for months on end and no one has contacted me”.

Last month, the interim leader of Bangladesh told Sky News the MP had “wealth left behind” in the country “and should be made responsible”.

Lawyers acting for Ms Siddiq wrote to the Bangladeshi Anti Corruption Commission (ACC) several weeks ago saying the allegations were “false and vexatious”.

The letter said the ACC must put questions to Ms Siddiq “by no later than 25 March 2025” or “we shall presume that there are no legitimate questions to answer”.

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Staff from the NCA visited Bangladesh as part of initial work to support the interim government in the country.

In a post online today, the former minister said the deadline had expired and the authorities had not replied.

Sky News has approached the Bangladeshi government for comment.

The allegations against Ms Siddiq are focused on links to her aunt Sheikh Hasina – who served as the prime minister of Bangladesh for 20 years.

Ms Hasina was forced to flee the country in August following weeks of deadly protests.

She is accused of becoming an autocrat, with politically-motivated arrests, extra-judicial killings and other abuses allegedly happening on her watch. Hasina claims it’s all a political witch hunt.

Electrocuted on their genitals and mouths sewn up: Inside Bangladesh’s ‘death squad’ jails

Ms Siddiq was found to have lived in several London properties that had links back to the Awami League political party that her aunt still leads.

She referred herself to the prime minister’s standards adviser Sir Laurie Magnus who said he had “not identified evidence of improprieties” but added it was “regrettable” Ms Siddiq had not been more alert to the “potential reputational risks” of the ties to her aunt.

Ms Siddiq said continuing in her role would be “a distraction” for the government but insisted she had done nothing wrong.

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Former New York governor advised OKX over $505M federal probe: Report

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Former New York governor advised OKX over 5M federal probe: Report

Former New York governor advised OKX over 5M federal probe: Report

Cryptocurrency exchange OKX reportedly hired former New York Governor Andrew Cuomo to advise it over the federal probe that resulted in the firm pleading guilty to several violations and agreeing to pay $505 million in fines and penalties.

Cuomo, a New York-registered attorney, advised OKX on legal issues stemming from the probe sometime after August 2021 when he resigned as New York overnor, Bloomberg reported on April 2, citing people familiar with the matter.

“He spoke with company executives regularly and counseled them on how to respond to the criminal investigation,” Bloomberg said.

The Seychelles-based firm pled guilty to operating an unlicensed money-transmitting business in violation of US Anti-Money Laundering laws on Feb. 24 and agreed to pay $84 million worth of penalties while forfeiting $421 million worth of fees earned from mostly institutional clients.

The breaches occurred from 2018 to 2024 despite OKX having an official policy preventing US persons from transacting on its crypto exchange since 2017, the Department of Justice noted at the time.

A spokesperson for Cuomo, Rich Azzopardi, told Bloomberg that Cuomo has been providing private legal services representing individuals and corporations on a variety of matters since resigning as New York governor.

“He has not represented clients before a New York city or state agency and routinely recommends former colleagues for positions,”  Azzopardi added.

OKX reportedly wasn’t willing to comment on its relationships with outside firms.

Cuomo also influenced OKX to make executive appointments: Bloomberg

Cuomo, who is now running for mayor of New York City, also advised OKX to appoint his friend US Attorney Linda Lacewell to OKX’s board of directors, Bloomberg said.

Lacewell, a former superintendent of the New York Department of Financial Services, was added to the board in 2024 and was named OKX’s new chief legal officer on April 1, according to a recent company statement.

Former New York governor advised OKX over $505M federal probe: Report

Source: Linda Lacewell

Related: New York bill aims to protect crypto investors from memecoin rug pulls

After the investigation concluded, OKX said it would seek out a compliance consultant to remedy the issues stemming from the federal probe and bolster its regulatory compliance program.

“Our vision is to make OKX the gold standard of global compliance at scale across different markets and their respective regulatory bodies,” OKX CEO Star Xu said in a Feb. 24 X post.

Magazine: Financial nihilism in crypto is over — It’s time to dream big again

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Trump imposes 10% tariff on all countries, reciprocal levies on trading partners

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Trump imposes 10% tariff on all countries, reciprocal levies on trading partners

Trump imposes 10% tariff on all countries, reciprocal levies on trading partners

United States President Donald Trump signed an executive order establishing reciprocal tariffs on trading partners and a 10% baseline tariff on all imports from all countries.

The reciprocal levies on will be approximately half of what trading partners charge for US imports, Trump said. For example, China currently has a tariff of 67% on US imports, so US reciprocal tariffs on Chinese goods will be 34%. Trump also announced a standard 25% tariff on all automobile imports.

Trump told the media that tariffs would return the country to economic prosperity seen in previous centuries:

“From 1789 to 1913, we were a tariff-backed nation. The United States was proportionately the wealthiest it has ever been. So wealthy, in fact, that in the 1880s, they established a commission to decide what they were going to do with the vast sums of money they were collecting.”

“Then, in 1913, for reasons unknown to mankind, they established the income tax so that citizens, rather than foreign countries, would start paying,” Trump said.

Economy, US Government, United States, Donald Trump

Full breakdown of reciprocal tariffs by country. Source: Cointelegraph

Trump presented the tariffs through the lens of economic protectionism and hinted at returning to the economic policies of the 19th century by using them to replace the income tax.

Related: Bitcoin rally to $88.5K obliterates bears as spot volumes soar — Will a tariff war stop the party?

Trump proposes eliminating federal income tax and replacing it with tariff revenue

Trump proposed the idea of abolishing the Internal Revenue Service (IRS) and funding the federal government exclusively through trade tariffs while still on the campaign trail in October 2024.

According to accounting automation company Dancing Numbers, Trump’s plan could save each American taxpayer $134,809-$325,561 in taxes throughout their lives.

Economy, US Government, United States, Donald Trump

US President Donald Trump addresses the media about reciprocal trade tariffs at the April 2 press event. Source: Fox 4 Dallas

The higher range of the tax savings estimate will only occur if other wage-based taxes are eliminated at the state and municipal levels.

Commerce Secretary Howard Lutnick, who assumed office in February, also voiced support for replacing the IRS with the “External Revenue Service.”

Lutnick said that the US government cannot balance a budget yet consistently demands more from its citizens every year. Tariffs will also protect American workers and strengthen the US economy, he said.

Magazine: Elon Musk’s plan to run government on blockchain faces uphill battle

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