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The Islamic Revolutionary Guard Corps Navy said 11 violating oil tankers have caught fire or sunk in the Strait of Hormuz since the head of US Central Command visited the region on October 25. The figure was reported by Press TV, Iranian state media. The report did not identify the vessels, their flags, or the cause of the fires and sinkings, and no independent confirmation was given in the reporting.

1 outlet · 1 article · first seen Nov 3, 6:11 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 96.26, down 7.55%, on 2026-11-02. Listed for: Persian Gulf / Strait of Hormuz.
  • Brent Crude Oil closed at 104.23, down 11.40%, on 2026-11-02. Listed for: Persian Gulf / Strait of Hormuz.

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