Iran says two tankers catch fire after hitting mines in Strait of Hormuz
Summary
Two oil tankers caught fire after hitting naval mines in the Strait of Hormuz, according to Iran’s Islamic Revolutionary Guard Corps (IRGC). Iran says the ships were in a restricted area, had turned off their navigation systems, and ignored Iran’s call for permission to pass through this key oil route.Key Facts
- Two tankers, each carrying about two million barrels of crude oil, hit naval mines and caught fire in the Strait of Hormuz.
- The tankers reportedly switched off their positioning and radar systems and used an unauthorized route.
- Iran demands all ships get permission before passing through the Strait, which it controls after the US-Israeli conflict with Iran escalated.
- One tanker tried to cross with alleged US support; the other was immobilized after hitting the mine.
- The Strait of Hormuz normally handles about one-fifth of the world’s oil supply, making it strategically important.
- Attacks on ships in this waterway have increased recently, with six ships attacked last Sunday alone.
- US President Donald Trump said he would not use nuclear weapons or put troops on the ground in Iran and expects a deal after the U.S. midterm elections.
- Oil flow through the Strait dropped sharply from 20.8 million barrels on October 8 to 2.9 million on October 11, causing global energy prices to rise.
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