Oil prices rose in early Asian trade on Wednesday after yet another escalation in the Middle East, with Iran firing missiles at Kuwait and Bahrain, and the U.S. firing on and disabling an oil tanker heading toward Iran.

At the time of writing, Brent front-month futures had climbed 1.09% to trade at $97.05 per barrel, while West Texas Intermediate had risen 1.19% to $94.88 per barrel. Both benchmarks are trading near one-week highs after posting strong gains in the previous session.

According to U.S. Central Command (CENTCOM), Iran fired two missiles toward Kuwait, which either fell short or broke apart before reaching their targets. It then fired three at Bahrain, which were intercepted by U.S. and Bahraini air defenses.

The U.S. also claimed to have shot down three one-way attack drones launched toward civilian mariners that were transiting the Strait.

Separately, U.S. forces fired on and disabled an unladen oil tanker that was attempting to reach Iran’s largest oil export terminal at Kharg Island. 

CENTCOM reported that the Botswana-flagged M/T Lexie ignored multiple orders over a 24-hour period and continued toward the Arabian Gulf port. The vessel was ultimately stopped when a U.S. aircraft fired a Hellfire missile into the ship’s engine room, rendering it unable to continue its voyage.