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๐Ÿšจ ๐Ÿ‡ฎ๐Ÿ‡ท Iran's navy says another oil tanker is on fire after hitting mines east of the Strait of Hormuz, as ๐Ÿ‡บ๐Ÿ‡ธ Rubio says Trump has not decided on military action

October 31, 2026 · 2 min read · Pardip Bansal

๐Ÿšจ ๐Ÿ‡ฎ๐Ÿ‡ท Iran's navy says another oil tanker is on fire after hitting mines east of the Strait of Hormuz, as ๐Ÿ‡บ๐Ÿ‡ธ Rubio says Trump has not decided on military action

  • ๐Ÿ‡ฎ๐Ÿ‡ท Iran's navy says an oil tanker caught fire this afternoon after striking naval mines while sailing through a restricted zone east of the Strait of Hormuz, saying the ship had ignored warnings; no vessel name, owner or damage detail yet and no independent confirmation (Iranian state media via newswires, )
  • ๐ŸŒ It is the latest of several tankers Iran says have hit mines in and around Hormuz since Thursday, alongside a limpet mine attack and a projectile strike on other ships in the Gulf

FO view: With markets shut, the weekend gap risk sits with oil.

Not investment advice.

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