Iran Reports More Tanker Fires in Strait of Hormuz

OilPrice.com · Tsvetana Paraskova ·

Iran has reported more tanker fires near the Strait of Hormuz as escalating maritime security threats coincide with declining Middle Eastern oil exports.

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Two oil tankers and a tugboat caught fire in the Strait of Hormuz, Iran’s Islamic Revolutionary Guard Corps (IRGC) said on Thursday, as Iran continues to report a growing number of incidents with vessels trying to transit the Strait on routes unauthorized by the Islamic Republic.

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