Iran fires missiles at commercial ships in Strait of Hormuz
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OPEC, Oil and Hormuz
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A commercial tanker caught fire after being hit by an "unknown projectile" near Oman in the Strait of Hormuz, with US officials accusing Iran of firing missiles at commercial vessels, escalating tensions in the strategic waterway.
The vessels include five supertankers, each capable of hauling 2 million barrels of crude, two chemical tankers and a car carrier.
The United Kingdom Maritime Trade Operations Centre said the tanker was hit east of Limah in Oman.
An oil tanker caught fire off Oman after being struck by an unidentified projectile in the Strait of Hormuz, confirmed by British military sources. The US blamed Iran for attacking two commercial ship
The Middle East crisis continues to unfold on multiple fronts, combining military tensions, diplomatic manoeuvring and growing humanitarian concerns.
Despite US objections, ambassador insists new fees to be charged to vessels transiting Strait of Hormuz.
Iran’s ambassador to Beijing said China and other friendly nations will be granted “special considerations” when Tehran determines the level and nature of service fees charged to ships using the Strait of Hormuz.
West Texas Intermediate crude opened 2026 near $57 a barrel and spiked to almost $115 on April 7 after the Strait of Hormuz effectively closed to tanker traffic. Brent followed a parallel path, climbing from about $67 in January to a $138 intraday high in April.
Hapag-Lloyd warns of a "new normal" in the Strait of Hormuz as U.S. and Iranian strikes escalate and conflicting routing directives create chaos.
