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Two more oil tankers caught fire after an explosion while attempting to pass through an unauthorized route in the Strait of Hormuz, the Islamic Revolution Guards Corps Navy said, according to IRNA. The IRGC Navy attributed the blasts to a mine. IRNA reported the incident on November 2, 2026, and it was not independently confirmed in the coverage. The strait has been disrupted during the wider US-Israeli war on Iran.

1 outlet · 1 article · first seen Nov 2, 1:03 AM ET

What this touches in markets

Stored closes for the instruments tied to this story's tags and places, with their dates.

  • WTI Crude Oil closed at 102.95, up 0.93%, on 2026-10-30. Listed for: Persian Gulf / Strait of Hormuz.
  • Brent Crude Oil closed at 112.33, down 2.22%, on 2026-10-30. Listed for: Persian Gulf / Strait of Hormuz.

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