Iran’s Guards say ‘accident’ left two tankers on fire in Hormuz
Two oil tankers caught fire in the Strait of Hormuz following an 'accident' on an unauthorized route, according to Iran's Revolutionary Guards. The incident occurs amidst heightened tensions and a U.S.-led naval blockade in the region.
Why it matters
The Strait of Hormuz is a critical global oil transit point; disruptions here have immediate and severe implications for global energy markets and geopolitical stability.
Tehran Iran's Revolutionary Guards said on Thursday (November 12, 2026) that two tankers carrying over four million barrels of oil had caught fire after an "accident" on an unauthorised route in the Strait of Hormuz. Since the outbreak of the war in West Asia in late February, Tehran has heavily restricted traffic through the strategic shipping channel, insisting vessels use routes it has approved. Is Trump’s ‘no-war, no-peace’ plan on Iran sustainable? Is Trump’s ‘no-war, no-peace’ plan on Iran sustainable? Despite the U.S. President’s decision to hold off on further strikes, he remains neck-deep in the war he launched alongside Israel’s Netanyahu on February 28 this year Analysis Is Trump’s ‘no-war, no-peace’ plan on Iran sustainable? storyline 1 The United States has in response imposed a naval blockade on Iranian ports and helped tankers travel the strait, which normally carries about one-fifth of global oil.
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