Commodities
Oil Tanker Catches Fire Near Hormuz After Hitting Naval Mines
A oil tanker caught fire near the Strait of Hormuz after hitting two naval mines, according to Iran's Revolutionary Guards.
The incident occurred on August 31, 2026, when a rogue supertanker attempted to pass through an illegal route south of the strait. The vessel was brought to a complete stop after striking the mines and catching fire in massive fires.
Iran's state media reported that the tanker had been trying to navigate through a prohibited area, which led to the confrontation with Iranian naval forces.