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[Iranian Revolutionary Guards: An oil tanker struck a mine and caught fire in the Strait of Hormuz] On October 12, Iran’s Islamic Revolutionary Guard Navy issued a statement on the 11th saying that earlier that day, an “illegal” supertanker hit a mine in the waters south of the Strait of Hormuz, exploded and caused a fire in the engine room. Saipa News Network, a media affiliate of Iran's Islamic Revolutionary Guard Corps, issued a statement saying that the ship was carrying crude oil and tried to leave the Strait of Hormuz with the navigation system turned off. The accident occurred because the tanker violated waterway regulations and entered an "unauthorized" route. The statement also stated that this was the third "illegal" oil tanker to hit a mine and catch fire on the "unauthorized" route in the Strait since the 10th. The statement warned that any ship that turns off its navigation and identification systems in the Strait of Hormuz will be regarded as a "hostile target" and will be severely dealt with.
Futures Market Intelligence 🕐 2026-10-12 04:58

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