Illustration: Seen from far away at dusk, an oil tanker sits on calm water in a narrow strait with thick black smoke rising from its deck into an orange sky.

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Iran says two tankers hit mines in Hormuz and caught fire

Iran's Revolutionary Guards said two oil tankers caught fire after hitting mines in the Strait of Hormuz. Iran also said Iraqi ships are free of its restrictions in the waterway.

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Iran's Islamic Revolutionary Guard Corps (IRGC) navy said two oil tankers caught fire after hitting mines in the Strait of Hormuz. One was in the eastern part of the strait and the other in the strait itself, it said.

Energy

The IRGC said the vessels were trying to use an "unauthorised route." It said they had turned off navigation and identification systems. After hitting the mines, it said, they caught fire and stopped in the water.

In numbers

  • 2Tankers reported on fire
  • 7Conditions set by IRGC

Brent crude, the past month

$98.17down −2.03%

$117.64$94.627 Oct6 Nov
“The Strait of Hormuz is closed by God's grace and the efforts of the IRGC Navy, and there will be no change until the seven conditions are met”

Islamic Revolutionary Guard Corps statement

Energy

The IRGC said the strait is closed and will stay that way until seven conditions are met. The statement came amid wider Middle East tensions and US-imposed blockades.

Separately, Iran confirmed that Iraqi ships are exempt from its restrictions on the strait. That lets them pass through the key waterway despite continuing disruption. Reports of the exemption also linked it to rising oil exports.

Brent crude$98.17down −2.03%over 1 month
$117.64$94.627 Oct6 Nov

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Background

The Strait of Hormuz is a key route for oil shipments from the Gulf.

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This article is not investment advice. It was written by our automated newsroom from published reports and official statements, using only the facts in them, and not read by a person before it was published. Report a mistake
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