A fire has broken out on board the vessel that was earlier reported to have been hit while transiting the Strait of Hormuz, the United Kingdom Maritime Trade Operations (UKMTO) has said.
Local authorities are on the scene and evacuating crew members, UKMTO said in an update.
An Iranian cargo vessel was struck early Sunday off Qeshm Island in the Strait of Hormuz, with one person killed and four wounded, Iranian state media said, a day before Tehran seeks to brief regional countries on its contested efforts to manage shipping traffic there.
The United States has claimed attacks on five Iranian oil tankers after accusing Iran of launching ballistic missiles at a US warship twice in two days.
Iran responded to the attacks on Tuesday by firing missiles at US forces stationed at the Al Azraq base in Jordan. Amman said its air defences intercepted and destroyed 18 of 20 Iranian missiles, while the rest fell in open areas.
The United States military said Saturday its forces struck three Iranian crude oil carriers after the Islamic Revolutionary Guard Corps (IRGC) launched ballistic missiles toward two US Navy warships.
The fresh exchanges threaten to heighten a shipping war in and beyond the Persian Gulf, as Iran seeks to prevent shipping transiting the Strait of Hormuz without its consent and the US steps up targeting of Iranian shipping.
The average price for a gallon of diesel fuel in the United States hit an all-time high average price of $5.85 on Friday as the Trump administration’s war on Iran and its resulting disruptions to the global energy market showed no signs of ending.
US Vice President JD Vance told reporters on Thursday that the United States does not plan to hold talks with Iran unless Tehran stops attacking commercial shipping in the Strait of Hormuz.
„They‘ve got to stop. It‘s that simple,“ he said.
US Central Command (CENTCOM) announced on Thursday that its forces had redirected 87 commercial vessels, disabled three and boarded two under Washington‘s blockade against Iran in regional waters as of Sept. 3.
(September 1, 2026)
The U.S. military attacked two Iranian government tankers as part of the round of strikes that took place on Tuesday, U.S. officials said.
Why it matters: This is the first time the U.S. military has struck Iranian tankers in retaliation for Iranian attacks on ships in the Strait of Hormuz — rather than to prevent them from violating the naval blockade.
It appears that keeping the Strait of Hormuz open is the main goal of the United States.
What we also know is that the wider strategy – based on the military activity that has occurred in the last week – involves preventing Iran from blocking shipping in the Strait of Hormuz.
Iran responded by striking what it said were U.S. assets in Bahrain, Jordan, Kuwait and Iraq, and said its aim was now to drive U.S. forces from the vast network of military bases they have occupied for decades across the Middle East.
The Ministry of Foreign Affairs said the Kingdom strongly condemned the targeting of the vessel by Iran and expressed its rejection of Iranian attacks against Jordan, Bahrain and Kuwait.
“The Kingdom also condemns the Iranian attacks targeting Jordan, Bahrain and Kuwait, and affirms its full support and solidarity with the brotherly countries in the measures they take to protect their security and sovereignty from any threat,” the ministry said in a statement.
Two Filipino sailors were killed in an attack on an oil tanker in the Strait of Hormuz on Monday, Saudi Arabia‘s national shipping company Bahri said on Wednesday.
„Bahri confirms that its vessel SIDR was involved in a security incident while transiting the Strait of Hormuz“ on the evening of 31 August, the carrier said on X, confirming „the loss of its two Filipino seafarers as a result“ of the attack.
Russian President Vladimir Putin just held a high-stakes bilateral meeting with Iranian President Masoud Pezeshkian on the sidelines of the SCO Summit in Bishkek. The optics and message were unmistakable.
(March 26, 2026)
The average earnings of Russian crude oil exports increased by 26 percent in the first two weeks of war alone to a rate of 230 million dollars a day in crude oil alone.
Combining both the revenues of oil and gas, the total daily earnings were at least 760 million. During the same period of two weeks, Russia also sold an extra 672 million euros or about $777 million of oil in comparison with the level during pre-war times.
(March 13, 2026)
The ongoing conflict in the Middle East is creating major disruptions in global oil markets. Iran’s control over the Strait of Hormuz, a crucial route for the world’s oil shipments, has slowed exports and pushed countries to look for alternative supplies. Russia is stepping in to fill the gap, benefiting from rising demand and higher oil prices, which is driving a significant boost in its revenues.
Oil prices surged Tuesday following U.S. military action against Iranian targets in the Strait of Hormuz, a retaliatory move after Tehran launched overnight attacks on vessels passing through the waterway.
A naval blockade imposed by the United States on Iran has effectively halted Iranian crude oil exports through the Strait of Hormuz for nearly seven consecutive weeks. This unprecedented development has suspended all new petroleum shipments to China, the primary remaining buyer of Iranian oil, according to data and market tracking reports cited by Reuters.
(Updated 6 hours ago)
Two supertankers carrying Saudi oil were struck by unknown projectiles within minutes of each other while transiting outbound through the Strait of Hormuz late on Monday, according to shipping intelligence and tracking firms Marisks and Kpler.
„The near-simultaneous incidents represent a further escalation in the threat environment within the Omani corridor,“ Marisks said.
“At my direction, Secretary of State Marco Rubio, and Secretary of War Pete Hegseth, working closely with Highly Respected Interim President of Venezuela, Delcy Rodriguez, and, through a partnership with private business, have secured majority U.S. control of more than 65 BILLION BARRELS of proven Oil Reserves in Venezuela, at no cost to the American Taxpayer,” Trump wrote on social media.
Trump’s emphasis on lowering American gas prices, almost two months before the US midterm elections, comes as the national average gas price sits at more than $4 a gallon.
The on-again, off-again conflict, characterized by tit-for-tat retaliatory strikes, is a lose-lose situation for both parties and for the region as a whole, yet we are unlikely to escape this tragic dynamic unless more realist strategic thinking prevails in both Washington and Tehran. Neither side can “win” this war, but they can cut their losses before they incur even higher human, financial, and military costs. The realist school of thought offers a compelling diagnosis of this conflict, and points the way to a mutually beneficial conclusion.
Oman‘s Foreign Minister Sayyid Badr Albusaidi will visit Tehran on Tuesday to continue talks between Iran and Oman on the Strait of Hormuz, Iran‘s Foreign Ministry Spokesperson Esmaeil Baghaei said on Monday.
(August 21, 2026)
Mr Trump himself agreed in a signed document that Oman would “conduct dialogue” with Iran to define the future administration and maritime services in the strait.
“Oman’s negotiations with Iran over a mechanism to manage the Strait of Hormuz appear to have been a bilateral Iran-Oman effort, though it’s true that the memorandum of understanding from June endorsed a 60-day Iranian-Omani mechanism,” Marc Sievers, former US ambassador to Oman, told The National. “It is also true that the US and Iran understood this point differently, which led to the collapse of the MoU.”
The Sultanate of Oman and Japan underlined the importance of reaching a final agreement and a political solution to reduce tensions in the region.
They also called for intensified international efforts to ensure freedom of navigation through the Strait of Hormuz in accordance with international law and to maintain the smooth flow of maritime transport and energy supplies.
This was stated during a joint press conference held at the Foreign Ministry by Oman’s Foreign Minister Sayyid Badr Albusaidi and Japanese Foreign Minister Toshimitsu Motegi.
The Omani and Japanese foreign ministers have emphasised the need to intensify international efforts to ensure the freedom of maritime navigation in the Strait of Hormuz in accordance with international law.
Badr bin Hamad Al Busaidi met Motegi Toshimitsu in Muscat.
(July 14, 2026)
“One issue demands immediate attention. As widely reported, complex discussions are currently being held with the aim of devising a long-term arrangement for freedom of navigation through the Strait of Hormuz. As one of the two states with territorial waters in the Strait, Oman has a special responsibility to work with both Iran – which is the other state whose territorial waters include part of the Strait – and the wider international community of Strait users to find a practical, durable and legal arrangement for free navigation. The international community needs a successful outcome from these consultations; free navigation through the Strait of Hormuz is vital for the global economy
“Our negotiations with Oman are ongoing. That is a completely separate matter. It is a technical issue concerning the designation of maritime routes in the Strait of Hormuz for the passage of ships.”
“The routes that existed previously are no longer functional, so a new route needs to be defined. For now, we are designing a temporary route, which can then, at a later stage, be turned into a final route.”
“We may reach an outcome soon, but I want to emphasise that these negotiations and the reopening of the Strait of Hormuz are two separate issues. This is a technical negotiation concerning the designation of a maritime route.”
(July 28, 2026)
Under the Omani proposal, which has regional backing and was presented to Iranian officials over the weekend in Tehran, Iran would not exercise sole control over the strait, the source added.
The proposal is based on the Strait of Malacca, which connects the Indian and Pacific Oceans and is jointly managed by the states bordering it: Indonesia, Malaysia, and Singapore.
„This strait will only be closed and opened under Iran‘s command,“ Gharibabadi said.
President Trump vowed to declare the Strait of Hormuz a U.S. territory during a rally in New York as Iran and the U.S. clash over control of the key waterway.
„After we finish defeating Iran, which is being very badly defeated, pretty soon I‘ll be declaring the Hormuz Strait a territory of the United States,“ the president said.
Vice President JD Vance discusses how the GOP can combat socialist support on ‘The Will Cain Show.
Vance‘s comments also underscored the growing reality that the war now centers on control of the Strait of Hormuz, which Iran has forced to the top of the negotiating agenda.
„I know that oil is down today and it‘s way down from the highs in the early days of the conflict,“ Vance said on Fox News. „That‘s goal number one — keep oil and gas cheap for Americans all over our country.“
„And then obviously goal number two is ensure that Iran never gets a nuclear weapon,“ he added.
The vice president has been among the members of the administration most skeptical of the offensive launched against Iran in late February.
Asked about the setbacks in negotiations with Iran, Vance cited two factors: “Number one, the Iranians are extraordinarily difficult people. Number two, they have a fractured system.”
“There are people within their system that want the war to be over and there are also people in their system that are crazy radicals who want the war to continue,” he said.
“Our job is to navigate through that and get the best outcome for the American people and for the President of the United States as well.”
Fox News host Will Cain pressed Vice President JD Vance on Thursday about the war in Iran, arguing that “frustration” is growing over the “seesaw nature” of the ongoing conflict.
“Let’s talk for a minute about Iran. There is frustration, Mr. Vice President, I think, out there on the seesaw nature of what’s going on in Iran,” Cain began, asking: