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Oil tankers explode near Strait of Hormuz amid US-Iran tensions

after close1 source ↓written by the desknot a recommendation

Two oil tankers exploded after hitting mines while navigating south of the Strait of Hormuz, according to Iran’s Islamic Revolutionary Guard Corps. This incident follows a series of U.S. airstrikes in Iran, raising concerns over the safety of maritime routes in the region. The IRGC has declared the strait "unsafe and completely closed" for shipping. ⚓️

• U.S. military conducted seventh night of strikes

• IRGC warns against entering mined waters

• Potential impact on oil exports and global supply chains

Traders should monitor developments closely as tensions escalate.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 18 Jul 2026, 16:11 IST.

Sourcesnews.google.com

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