News
🚨 🇮🇷 Iran's Revolutionary Guards say two oil tankers caught fire and were halted south of the Strait of Hormuz
🚨 🇮🇷 Iran's Revolutionary Guards say two oil tankers caught fire and were halted south of the Strait of Hormuz
- 🇮🇷 The IRGC Navy says two oil tankers trying to transit the Strait of Hormuz by unauthorised routes caught fire and were halted in southern waters after ignoring repeated radio warnings, according to Iranian state media (newswires, )
- Tehran says the tankers had switched off their navigation systems, with one in the eastern sector of the strait and the other in the western sector; the vessels, their flags and any damage or casualties have not been identified or independently confirmed
FO view: Brent is already near its highs today, so follow-through matters more than the headline.
Not investment advice.