Iran Revolutionary Guards Report Tanker Blasts in Strait of Hormuz

Two oil tankers caught fire following explosions in the Strait of Hormuz on Tuesday as ongoing attacks on regional shipping threatened global energy supplies.

The incident involved vessels transiting the strategic waterway during the afternoon, according to reports from Iranian and Emirati officials.

The disruptions arrived as international oil benchmark Brent crude hovered near 90 dollars a barrel following weeks of volatile trading driven by the regional conflict.

Islamic Revolutionary Guard Corps officials described the targeted vessels as violating carriers operating along unauthorized routes within the corridor.

"Two violating oil tankers, travelling along an unauthorised route in the Strait of Hormuz, have been brought to a halt following massive explosions and are left burning," said the Islamic Revolutionary Guard Corps in a statement.

Emirati state oil company ADNOC reported that one of its own vessels sustained damage during an attack in territorial waters of the United Arab Emirates.

Authorities remained unclear on whether the ADNOC vessel was one of the two ships cited by officials in Tehran.

The Iranian military organization asserted that a supertanker struck a naval mine while a second vessel faced an incident while under American military escort.

The United States military previously reported that naval mines had been cleared from the transit route, though shipping security remained fragile.

President Donald Trump indicated earlier in the week that hostilities might conclude soon and noted that diplomatic discussions were ongoing.

"We're seeing momentum toward the end of this conflict," said Donald Trump, the United States president, at the White House.

Market analysts warned that lasting peace remained uncertain despite recent downward pressure on crude prices and recovering export flows.

Energy experts pointed out that insurance costs and mine clearance will continue to dictate traffic through the vital petroleum corridor.

Observers awaited further confirmation regarding the condition of the burning tankers and potential rescue operations in the area.