US has also issued additional forces on Prepare To Deploy Orders (PTDO) for two Patriot Batteries and a Terminal High Altitude Area Defense system (THAAD). The USA on Wednesday also imposed sanctions on Chinese firms and individuals for transporting Iranian oil. In what may exacerbate the tensions in the Persian Gulf and add to the growing uncertainities in global energy markets, the Donald Trump administration plans to deploy an additional patriot missile battery, four sentinel RADARS and additional personnel to Saudi Arabia.
Read moreUncertainty in global market; Trump to deploy patriot missile battery in Saudi Arabia