Three Tankers Catch Fire in Strait of Hormuz

Iran states that three oil tankers caught fire after using unauthorized routes in the Strait of Hormuz, with one vessel reportedly hitting a mine. The IRGC also claims it destroyed a US drone in the area.

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Vessels at the Strait of Hormuz, as seen from Musandam, Oman, October 23, 2026. REUTERS/Stringer

Three oil tankers caught fire and exploded in the Strait of Hormuz on Friday morning after using unauthorized routes, according to Iran's Revolutionary Guards Navy. One vessel carrying 2 million barrels of crude hit a marine mine, raising immediate supply disruption risks for Brent Crude Oil. The incident escalates maritime security tensions in a chokepoint carrying a fifth of global petroleum consumption.