Amid the escalating US-Iran war, U.S. President Donald Trump has issued a strong warning to Tehran over the strategic Strait of Hormuz, a key global oil shipping route. Trump said if Iran attempts to block oil flows through the strait, the United States would respond with “death, fire and fury” and strike Iran “20 times harder” than before. 


US-Iran War: Trump Threatens Iran with 'Fire & Fury' Over Strait of Hormuz

Global markets are plunging as fears over oil distribution rise amid the ongoing Israel–Iran war. Investors are concerned that continued conflict could disrupt shipments through the Strait of Hormuz, a vital route for global energy supply.


Israel-Iran War: Global Sell Off Deepens As Oil Distribution Fears Rise

Britain currently has only about two days' worth of natural gas stored, sparking concerns about a potential shortage after conflict in the Middle East led to the shutdown of the world's largest gas facility and Iran blocked a key shipping channel. The new data published by Natural Gas has confirmed that the UK's gas reserves have diminished from 18,000 GWh last year to 6,700 GWh, which can meet up to just 1.5 days of demand. A similar volume is also held in liquefied natural gas (LNG) storage. In contrast, many European countries have stored up several weeks of gas reserves, leaving them better equipped to handle supply disruptions. Because the UK has limited storage and must keep importing fuel, traders have been able to charge higher prices, forcing Britain to outbid European buyers. As a result, the UK is now paying the highest wholesale gas prices in Europe, according to a report in the the Daily Mail.<h3>Closure of the Strait of Hormuz</h3>The disruption in the gas market is partly driven by the near-total closure of the Strait of Hormuz, a vital route that carries nearly 20 percent of the oil flows and world's natural gas, along with production shutdowns in some places. At the beginning of the week, Qatar declared that it had suspended production at Ras Laffan, the largest natural gas facility of the world, following the Iranian bombardment. Meanwhile, oil prices are likely to hit $100 a barrel sooner, rising to $150 if the war drags on, industry experts warned. The head of gas pricing at Argus Media, Natasha Fielding, said: "The price of gas in the UK has increased by more than almost anywhere in Europe. The UK gas hub price is now above the Dutch TTF [the main European gas hub] all the way from now until the end of May. Before this week, the UK was priced below the EU." She added that this was partly because the UK's meagre gas stockpiles that left 'more exposed to price spikes', and added: 'We can’t rely on withdrawing more from storage, so we have to get that gas from abroad.' Fielding underscored that traders might be tracking temperatures in Britain, waiting for more severe cold in the UK when it will be more urgently compelled to outbid other countries for gas. Earlier, the UK used to have gas stockpiling facilities for 12 day, however, the system collapsed after the funding was pulled out by the successive government ministers. The data of National Gas indicated that gas stores on Friday were at 18pc of their former capacity, while LNG storage were just nearly half full. A National Gas spokesman stated that most of the UK's gas comes from Norway and its own North Sea. "The UK benefits from a wide range of gas supply sources. These provide the flexibility needed to balance supply and demand," the spokeperson told The Telegraph.&nbsp;At the same time, concerns are mounting that oil prices could surge sharply due to disruptions in shipments through the Strait of Hormuz. Iran’s Revolutionary Guards have warned they would “set ablaze” any Western tanker attempting to pass through the strategic waterway, prompting hundreds of vessels to gather at both entrances of the strait while waiting for safe passage. &nbsp;Also read: <a href="https://www.wionews.com/world/iran-selects-its-new-supreme-leader-amid-raging-war-with-us-israel-1772961973135">Iran selects its new supreme leader amid raging war with US, Israel</a>

The gas market's disruption is partly driven by the near-total closure of the Strait of Hormuz, a vital route that carries nearly 20 percent of the oil flows and world's natural gas, along with production shutdowns in some places. 

Britain currently has only about two days' worth of natural gas stored, sparking concerns about a potential shortage after conflict in the Middle East led to the shutdown of the world's largest gas facility and Iran blocked a key shipping channel. The new data published by Natural Gas has confirmed that the UK's gas reserves have diminished from 18,000 GWh last year to 6,700 GWh, which can meet up to just 1.5 days of demand. A similar volume is also held in liquefied natural gas (LNG) storage. In contrast, many European countries have stored up several weeks of gas reserves, leaving them better equipped to handle supply disruptions. Because the UK has limited storage and must keep importing fuel, traders have been able to charge higher prices, forcing Britain to outbid European buyers. As a result, the UK is now paying the highest wholesale gas prices in Europe, according to a report in the the Daily Mail. Closure of the Strait of Hormuz The disruption in the gas market is partly driven by the near-total closure of the Strait of Hormuz, a vital route that carries nearly 20 percent of the oil flows and world's natural gas, along with production shutdowns in some places. At the beginning of the week, Qatar declared that it had suspended production at Ras Laffan, the largest natural gas facility of the world, following the Iranian bombardment. Meanwhile, oil prices are likely to hit $100 a barrel sooner, rising to $150 if the war drags on, industry experts warned. The head of gas pricing at Argus Media, Natasha Fielding, said: "The price of gas in the UK has increased by more than almost anywhere in Europe. The UK gas hub price is now above the Dutch TTF [the main European gas hub] all the way from now until the end of May. Before this week, the UK was priced below the EU." She added that this was partly because the UK's meagre gas stockpiles that left 'more exposed to price spikes', and added: 'We can’t rely on withdrawing more from storage, so we have to get that gas from abroad.' Fielding underscored that traders might be tracking temperatures in Britain, waiting for more severe cold in the UK when it will be more urgently compelled to outbid other countries for gas. Earlier, the UK used to have gas stockpiling facilities for 12 day, however, the system collapsed after the funding was pulled out by the successive government ministers. The data of National Gas indicated that gas stores on Friday were at 18pc of their former capacity, while LNG storage were just nearly half full. A National Gas spokesman stated that most of the UK's gas comes from Norway and its own North Sea. "The UK benefits from a wide range of gas supply sources. These provide the flexibility needed to balance supply and demand," the spokeperson told The Telegraph. At the same time, concerns are mounting that oil prices could surge sharply due to disruptions in shipments through the Strait of Hormuz. Iran’s Revolutionary Guards have warned they would “set ablaze” any Western tanker attempting to pass through the strategic waterway, prompting hundreds of vessels to gather at both entrances of the strait while waiting for safe passage. Also read: Iran selects its new supreme leader amid raging war with US, Israel

The gas market's disruption is partly driven by the near-total closure of the Strait of Hormuz, a vital route that carries nearly 20 percent of the oil flows and world's natural gas, along with production shutdowns in some places.&nbsp;

Only 48 hours of energy left? UK gas reserves down as Middle East tensions shake energy markets

Jakarta’s foreign ministry on Saturday (Mar 7) said that three Indonesian crew members were missing after a United Arab Emirates-flagged tugboat sank in the Strait of Hormuz on Friday (Mar 6). The ministry added that a search was underway by the local authorities. An explosion occurred on Musaffah 2, following which the vessel caught fire and sank in the passage, which is blocked by Iran amid war with the United States and Israel. The incident is under investigation by the local authorities, the statement added.“One Indonesian survivor is currently receiving burn treatment at a hospital in the city of Khasab, Oman. The other three Indonesians are still being searched for by the local authorities,” the ministry said Saturday.Amid the escalating tension in West Asia, several vessels have been targeted while passing through the Strait of Hormuz. Iran has shut down the Strait of Hormuz and warned that any vessel attempting to pass could be targeted and set on fire, with several oil tankers being hit in recent days. However, the Islamic Revolutionary Guard Corps (IRGC) on Thursday (Mar 5) said that the passage is closed to vessels from the United States, Israel, Europe and their Western allies. The Strait of Hormuz is the only maritime outlet for ports located in the Persian Gulf. Its blockage has significantly affected global energy supply, triggering a sharp rise in oil prices.On February 28, the US and Israeli military launched strikes on Iran, killing Iran’s supreme leader Ali Khamenei and several other top Iranian officials. The operation was named ‘Epic Fury’ by the US and ‘Lion’s Roar’ by Israel. The attacks came amid heightened tensions between Washington and Tehran and ongoing talks over Iran’s nuclear program. In retaliation, Iran launched attacks on Israel and US military bases in the region, including in Bahrain, Kuwait, the UAE, Qatar, Saudi Arabia, and Jordan.Disclaimer: WION takes utmost care to accurately and responsibly report ongoing conflicts in West Asia involving Israel, Iran, the US, Gulf nations and non-state actors like Hezbollah, Hamas, Houthis, Islamic State, and others. Claims and counterclaims, disinformation and misinformation are being made online and offline. Given this context, WION cannot independently verify the authenticity of all statements, social media posts, photos and videos.

Three Indonesian crew members are missing after a UAE-flagged tugboat sank in the Strait of Hormuz following an explosion and fire. One survivor with burns is being treated in Oman as authorities continue search operations.

Jakarta’s foreign ministry on Saturday (Mar 7) said that three Indonesian crew members were missing after a United Arab Emirates-flagged tugboat sank in the Strait of Hormuz on Friday (Mar 6). The ministry added that a search was underway by the local authorities. An explosion occurred on Musaffah 2, following which the vessel caught fire and sank in the passage, which is blocked by Iran amid war with the United States and Israel. The incident is under investigation by the local authorities, the statement added. “One Indonesian survivor is currently receiving burn treatment at a hospital in the city of Khasab, Oman. The other three Indonesians are still being searched for by the local authorities,” the ministry said Saturday. Amid the escalating tension in West Asia, several vessels have been targeted while passing through the Strait of Hormuz. Iran has shut down the Strait of Hormuz and warned that any vessel attempting to pass could be targeted and set on fire, with several oil tankers being hit in recent days. However, the Islamic Revolutionary Guard Corps (IRGC) on Thursday (Mar 5) said that the passage is closed to vessels from the United States, Israel, Europe and their Western allies. The Strait of Hormuz is the only maritime outlet for ports located in the Persian Gulf. Its blockage has significantly affected global energy supply, triggering a sharp rise in oil prices. On February 28, the US and Israeli military launched strikes on Iran, killing Iran’s supreme leader Ali Khamenei and several other top Iranian officials. The operation was named ‘Epic Fury’ by the US and ‘Lion’s Roar’ by Israel. The attacks came amid heightened tensions between Washington and Tehran and ongoing talks over Iran’s nuclear program. In retaliation, Iran launched attacks on Israel and US military bases in the region, including in Bahrain, Kuwait, the UAE, Qatar, Saudi Arabia, and Jordan. Disclaimer: WION takes utmost care to accurately and responsibly report ongoing conflicts in West Asia involving Israel, Iran, the US, Gulf nations and non-state actors like Hezbollah, Hamas, Houthis, Islamic State, and others. Claims and counterclaims, disinformation and misinformation are being made online and offline. Given this context, WION cannot independently verify the authenticity of all statements, social media posts, photos and videos.

Three Indonesian crew members are missing after a UAE-flagged tugboat sank in the Strait of Hormuz following an explosion and fire. One survivor with burns is being treated in Oman as authorities continue search operations.

UAE tugboat sinks in Strait of Hormuz; 3 Indonesian crew members missing

The Trump administration has attempted to calm global markets by announcing a war-risk insurance programme for ships and promising naval protection for vessels passing through the strait of Hormuz. The move was aimed at reassuring shipping companies and oil traders that the world’s most critical energy corridor remains open for business.


Hormuz Traffic Down Over 90% Despite US Insurance Plan 

A spokesperson of the Iranian Revolutionary Guard Force, Alimohammad Naini, has challenged US President Donald Trump's proposition to deploy naval vessels to escort oil tankers as they pass through the Strait of Hormuz. The IRGC spokesperson said that "Iran strongly welcomes” and is "awaiting their presence." It reminded US President Donald Trump of the American supertanker Bridgeton in 1987 before making the decision.&nbsp;US President Donald Trump on Truth Social said that the US Navy would begin escorting tankers through the Strait of Hormuz. As the war in West Asia expands, oil prices continue to rise. Brent Crude has gone as high as $93.32 per barrel as of March 7, 2026. Trump pledged that the US would ensure the free flow of energy to the world, asserting that the US military and economic might is the greatest on earth. He further ordered the US International Development Finance Corporation to provide "political risk insurance and guarantees" for tankers transiting in the region. Trump said that Oil and gas prices will plummet once the war is over.Also Read: <a href="https://www.wionews.com/world/blackrock-hlend-fund-withdrawal-limit-private-credit-1772868211906">Liquidity Squeeze: BlackRock caps withdrawals from $26B HLEND fund amid investor anxiety</a>"Iran strongly welcomes the escort ​of oil tankers and the presence of US forces for the crossing of the ‌Strait ⁠of Hormuz. And we are, by the way, awaiting their presence," said Naini as reported by the state media. "We recommend that, before making any ​decision, the Americans ​remember ⁠the fire on the American supertanker Bridgeton in 1987 and the ​oil tankers that were recently ​targeted,"&nbsp;The Iranian Army has claimed an attack on an oil tanker operating under the commercial name Prima on March 7. The IRGC said that the tanker failed to comply with multiple warnings issued by the IRGC Naval Forces about the ban on transit through the Strait of Hormuz. &nbsp;According to the Iranian state media, The Prima is a Malta-flagged oil and chemical tanker. At least nine vessels have been targeted since the beginning of the war between the US and Iran on February 28.&nbsp;&nbsp;&nbsp;

Iran’s IRGC challenges Donald Trump’s plan to escort oil tankers through the Strait of Hormuz as Brent crude nears $93 amid escalating US-Iran conflict.

A spokesperson of the Iranian Revolutionary Guard Force, Alimohammad Naini, has challenged US President Donald Trump's proposition to deploy naval vessels to escort oil tankers as they pass through the Strait of Hormuz. The IRGC spokesperson said that "Iran strongly welcomes” and is "awaiting their presence." It reminded US President Donald Trump of the American supertanker Bridgeton in 1987 before making the decision. US President Donald Trump on Truth Social said that the US Navy would begin escorting tankers through the Strait of Hormuz. As the war in West Asia expands, oil prices continue to rise. Brent Crude has gone as high as $93.32 per barrel as of March 7, 2026. Trump pledged that the US would ensure the free flow of energy to the world, asserting that the US military and economic might is the greatest on earth. He further ordered the US International Development Finance Corporation to provide "political risk insurance and guarantees" for tankers transiting in the region. Trump said that Oil and gas prices will plummet once the war is over. Also Read: Liquidity Squeeze: BlackRock caps withdrawals from $26B HLEND fund amid investor anxiety "Iran strongly welcomes the escort of oil tankers and the presence of US forces for the crossing of the ‌Strait ⁠of Hormuz. And we are, by the way, awaiting their presence," said Naini as reported by the state media. "We recommend that, before making any decision, the Americans remember ⁠the fire on the American supertanker Bridgeton in 1987 and the oil tankers that were recently targeted," The Iranian Army has claimed an attack on an oil tanker operating under the commercial name Prima on March 7. The IRGC said that the tanker failed to comply with multiple warnings issued by the IRGC Naval Forces about the ban on transit through the Strait of Hormuz. According to the Iranian state media, The Prima is a Malta-flagged oil and chemical tanker. At least nine vessels have been targeted since the beginning of the war between the US and Iran on February 28.

Iran’s IRGC challenges Donald Trump’s plan to escort oil tankers through the Strait of Hormuz as Brent crude nears $93 amid escalating US-Iran conflict.

IRGC challenges Trump’s plan to escort oil tankers in Hormuz

The warning came after US President Donald Trump signalled that American warships could protect commercial shipping as the war with Iran disrupted energy flows through the Gulf.

The warning came after US President Donald Trump signalled that American warships could protect commercial shipping as the war with Iran disrupted energy flows through the Gulf.

Iran war: How did Strait of Hormuz become most dangerous waterway in the world for US & global shipping?

The escalating conflict involving Iran is now rippling through global financial markets,
Forcing investors to rethink one of the most popular investment strategies of the past year: selling U.S. Assets and buying Asian markets.
The so-called “sell America, buy Asia” trade had been a major theme on wall street.
Still, the sudden geopolitical shock in west asia is now exposing asia’s vulnerability to energy disruptions and reshaping global market sentiment.

US-Iran War: Iran War Jolts ‘Sell U.S, Buy Asia’ Trade

Stocks pared losses, and the dollar weakened as markets stayed volatile amid the protracted conflict in West Asia. Gold advanced, while oil edged lower even as the Strait of Hormuz ship movement came to a near total halt.


US-Iran War: Global Markets Pare Losses Amid Volatility

#Gravitas: Tensions in West Asia are now disrupting one of the most critical shipping routes in the world, the Strait of Hormuz. Nearly one-fifth of the world’s oil moves through this narrow passage. Any disruption here quickly ripples across global markets and straight into people’s pockets. 


Israel-Iran War: Can Shipping Resume Through Hormuz as Energy Crisis Widens Globally 

Iran has claimed that one of its missiles struck a U.S. vessel in the Strait of Hormuz, marking another escalation in the widening Israel-Iran-U.S. conflict that has disrupted one of the world’s most strategic maritime chokepoints.


Israel-Iran War: Iran Says it Stuck US Ship With Missile in Starit of Hormuz

Iran’s Islamic Revolutionary Guard Corps (IRGC) announced that the Strait of Hormuz is now closed to vessels from the United States, Israel, Europe and their Western allies. The statement was issued on Thursday (March 5) through Iran’s state broadcaster IRIB, following several days of uncertainty around one of the world’s busiest maritime chokepoints.According to the IRGC, the decision aligns with what it described as Iran’s rights under international law during wartime. The force warned that ships linked to the United States, Israel, Europe and their supporters would face military action if they attempt to pass through the waterway.&nbsp;"We had previously said that, based on international laws and resolutions, in times of war, the Islamic Republic of Iran will have the right to control the passage through the Strait of Hormuz," said the IRGC, according to state broadcaster IRIB. The strait has effectively been inactive since the United States and Israel launched a joint military campaign against Iran on Saturday. The escalation has triggered a sharp rise in global oil prices and heightened concerns about disruptions to the world economy. Earlier in the week, Iran indicated it would allow only Chinese-flagged vessels to pass through the strait, describing the move as a sign of appreciation for Beijing’s stance toward Tehran since the conflict began. The decision is particularly significant because the Strait of Hormuz is the only maritime outlet for ports located in the Persian Gulf.&nbsp;Also Read: <a href="https://www.wionews.com/india-news/mumbai-seafarer-killed-in-missile-strike-on-tanker-in-strait-of-hormuz-1772707708065">Mumbai seafarer killed in missile strike on tanker in Strait of Hormuz</a>&nbsp;Since the latest round of hostilities started, Iran has maintained control over the passage, placing additional pressure on global supply chains. Many shipping companies and vessel operators have halted crossings, unwilling to risk entering the region while military activity continues in the Gulf. Roughly one-fifth of the world’s seaborne oil passes through the Strait of Hormuz, making it a critical artery for global energy markets.&nbsp;Geographically, the Persian Gulf functions as a cul-de-sac bordered by the coasts of Kuwait, Iraq and Iran. Despite this, the strait remains vital for regional trade. It is the only maritime access point to Dubai’s Jebel Ali port, the world’s tenth-largest container terminal and a key distribution hub serving more than a dozen countries. Historically, the Strait of Hormuz has never been fully closed to commercial shipping. Even during the Iran-Iraq war between 1980 and 1988, merchant vessels continued operating despite frequent tanker attacks.&nbsp;<a href="https://www.wionews.com/videos/us-israel-war-with-iran-qatar-evacuates-near-us-embassy-drone-blast-hits-azerbaijan-airport-1772716503730/embed">https://www.wionews.com/videos/us-israel-war-with-iran-qatar-evacuates-near-us-embassy-drone-blast-hits-azerbaijan-airport-1772716503730/embed</a>&nbsp;Real-time data from the Marine Traffic tracking platform shows clusters of vessels waiting outside the waterway. Numerous tankers are anchored north near Kuwait and off the coast of Dubai, while Iran’s own merchant ships remain stationed near the port of Bandar Abbas on the eastern side of the strait. Additional groups of ships are also gathered just beyond the entrance to the Hormuz channel, awaiting developments.&nbsp;Disclaimer: WION takes utmost care to accurately and responsibly report ongoing conflicts in West Asia involving Israel, Iran, US, Gulf nations and non-state actors like Hezbollah, Hamas, Houthis, Islamic State, and others. Claims and counterclaims, disinformation and misinformation are being made online and offline. Given this context, WION cannot independently verify the authenticity of all statements, social media posts, photos and videos.

Iran says the Strait of Hormuz is closed to the US, Israeli and European vessels during the Gulf conflict, warning ships from Western allies ‘will certainly be hit’

Iran’s Islamic Revolutionary Guard Corps (IRGC) announced that the Strait of Hormuz is now closed to vessels from the United States, Israel, Europe and their Western allies. The statement was issued on Thursday (March 5) through Iran’s state broadcaster IRIB, following several days of uncertainty around one of the world’s busiest maritime chokepoints. According to the IRGC, the decision aligns with what it described as Iran’s rights under international law during wartime. The force warned that ships linked to the United States, Israel, Europe and their supporters would face military action if they attempt to pass through the waterway. "We had previously said that, based on international laws and resolutions, in times of war, the Islamic Republic of Iran will have the right to control the passage through the Strait of Hormuz," said the IRGC, according to state broadcaster IRIB. The strait has effectively been inactive since the United States and Israel launched a joint military campaign against Iran on Saturday. The escalation has triggered a sharp rise in global oil prices and heightened concerns about disruptions to the world economy. Earlier in the week, Iran indicated it would allow only Chinese-flagged vessels to pass through the strait, describing the move as a sign of appreciation for Beijing’s stance toward Tehran since the conflict began. The decision is particularly significant because the Strait of Hormuz is the only maritime outlet for ports located in the Persian Gulf. Also Read: Mumbai seafarer killed in missile strike on tanker in Strait of Hormuz Since the latest round of hostilities started, Iran has maintained control over the passage, placing additional pressure on global supply chains. Many shipping companies and vessel operators have halted crossings, unwilling to risk entering the region while military activity continues in the Gulf. Roughly one-fifth of the world’s seaborne oil passes through the Strait of Hormuz, making it a critical artery for global energy markets. Geographically, the Persian Gulf functions as a cul-de-sac bordered by the coasts of Kuwait, Iraq and Iran. Despite this, the strait remains vital for regional trade. It is the only maritime access point to Dubai’s Jebel Ali port, the world’s tenth-largest container terminal and a key distribution hub serving more than a dozen countries. Historically, the Strait of Hormuz has never been fully closed to commercial shipping. Even during the Iran-Iraq war between 1980 and 1988, merchant vessels continued operating despite frequent tanker attacks. https://www.wionews.com/videos/us-israel-war-with-iran-qatar-evacuates-near-us-embassy-drone-blast-hits-azerbaijan-airport-1772716503730/embed Real-time data from the Marine Traffic tracking platform shows clusters of vessels waiting outside the waterway. Numerous tankers are anchored north near Kuwait and off the coast of Dubai, while Iran’s own merchant ships remain stationed near the port of Bandar Abbas on the eastern side of the strait. Additional groups of ships are also gathered just beyond the entrance to the Hormuz channel, awaiting developments. Disclaimer: WION takes utmost care to accurately and responsibly report ongoing conflicts in West Asia involving Israel, Iran, US, Gulf nations and non-state actors like Hezbollah, Hamas, Houthis, Islamic State, and others. Claims and counterclaims, disinformation and misinformation are being made online and offline. Given this context, WION cannot independently verify the authenticity of all statements, social media posts, photos and videos.

Iran says the Strait of Hormuz is closed to the US, Israeli and European vessels during the Gulf conflict, warning ships from Western allies ‘will certainly be hit’

Oil hope for India? Iran says Strait of Hormuz closed to US, Israel, Europe and western allies, ships 'will certainly be hit'

Mumbai: A tragic incident has claimed the life of a 33-year-old seafarer from Mumbai, after a missile reportedly struck the oil tanker he was working on while passing through the crucial maritime route of the Strait of Hormuz.&nbsp;The sailor, identified as Dixit Solanki, a resident of Kandivli, was part of the crew on a merchant vessel navigating through the region when the attack took place amid escalating tensions in West Asia.&nbsp;The Strait of Hormuz is one of the world’s busiest and most sensitive shipping corridors, through which a significant portion of global oil supply passes every day.&nbsp;According to initial information, the tanker was transiting the narrow sea route when it was reportedly hit by a missile, leading to the death of the Mumbai-based crew member.&nbsp;Also Read: <a href="https://www.wionews.com/world/russia-accuses-us-and-israel-of-trying-to-drag-arab-countries-into-wider-middle-east-conflict-1772705254973">Russia accuses US and Israel of trying to drag Arab countries into wider Middle East conflict</a>&nbsp;Authorities are currently verifying details of the incident, while maritime agencies continue to monitor the situation in the region.&nbsp;Back home in Kandivli, the news has left the seafarer’s family and neighbours devastated. Locals say he had only recently resumed work at sea after taking time off following the death of his mother.&nbsp;Neighbours described him as a hardworking young man who had taken up the demanding life of a merchant navy professional to support his family.&nbsp;Many in the locality said he was the primary earning member of the household.&nbsp;Following the incident, the National Union of Seafarers of India has expressed concern over the safety of Indian sailors working on international merchant ships.&nbsp;&nbsp;Also Read: <a href="https://www.wionews.com/world/india-s-foreign-secretary-signs-condolence-book-at-iranian-embassy-offers-condolences-for-khamenei-1772708686949">India’s foreign secretary signs condolence book at Iranian embassy, offers condolences for Khamenei</a>&nbsp;The union has urged shipping companies and global maritime authorities to reconsider sailing routes that pass through conflict-prone waters and ensure stronger safety measures for crew members.&nbsp;They have also called on the Government of India to closely monitor the situation and extend support to the affected family.&nbsp;Authorities are now expected to coordinate with shipping companies and diplomatic channels to bring the seafarer’s mortal remains back home to Mumbai.

The tragic news left the seafarer’s family and neighbours devastated. Dixit Solanki had resumed work at sea recently after taking time off following the death of his mother. Neighbours described him as a hardworking young man.

Mumbai: A tragic incident has claimed the life of a 33-year-old seafarer from Mumbai, after a missile reportedly struck the oil tanker he was working on while passing through the crucial maritime route of the Strait of Hormuz. The sailor, identified as Dixit Solanki, a resident of Kandivli, was part of the crew on a merchant vessel navigating through the region when the attack took place amid escalating tensions in West Asia. The Strait of Hormuz is one of the world’s busiest and most sensitive shipping corridors, through which a significant portion of global oil supply passes every day. According to initial information, the tanker was transiting the narrow sea route when it was reportedly hit by a missile, leading to the death of the Mumbai-based crew member. Also Read: Russia accuses US and Israel of trying to drag Arab countries into wider Middle East conflict Authorities are currently verifying details of the incident, while maritime agencies continue to monitor the situation in the region. Back home in Kandivli, the news has left the seafarer’s family and neighbours devastated. Locals say he had only recently resumed work at sea after taking time off following the death of his mother. Neighbours described him as a hardworking young man who had taken up the demanding life of a merchant navy professional to support his family. Many in the locality said he was the primary earning member of the household. Following the incident, the National Union of Seafarers of India has expressed concern over the safety of Indian sailors working on international merchant ships. Also Read: India’s foreign secretary signs condolence book at Iranian embassy, offers condolences for Khamenei The union has urged shipping companies and global maritime authorities to reconsider sailing routes that pass through conflict-prone waters and ensure stronger safety measures for crew members. They have also called on the Government of India to closely monitor the situation and extend support to the affected family. Authorities are now expected to coordinate with shipping companies and diplomatic channels to bring the seafarer’s mortal remains back home to Mumbai.

The tragic news left the seafarer’s family and neighbours devastated. Dixit Solanki had resumed work at sea recently after taking time off following the death of his mother. Neighbours described him as a hardworking young man.

Mumbai seafarer killed in missile strike on tanker in Strait of Hormuz

If the conflict involving Iran and the Gulf states, resulting from the Israel-US joint operation and retaliatory strikes by Tehran, does not stop by Friday, there could be a supply cut of 3.3 million barrels per day of crude oil. The warning from JP Morgan came amid disruptions in the Strait of Hormuz, the strategic waterway between the Persian Gulf and the Gulf of Oman, which is the world’s key oil transit chokepoint. The strait carries nearly a fifth of global oil and liquefied natural gas flows.<h2>Iran Revolutionary Guards claim to have taken total control of Strait of Hormuz</h2>The situation escalated amid Iranian media reports that the Islamic Revolutionary Guards have closed the Strait of Hormuz and that Iran would fire on any ship attempting to pass. If the waterway is closed for long, &nbsp;the losses could escalate to 3.8 million bpd around day 15 since the start of the conflict on February 27. By day 18, it could reach 4.7 million bpd, JP Morgan said in a note.<a href="https://www.wionews.com/videos/us-iran-war-can-israel-us-replenish-interceptors-faster-than-iran-makes-drones-1772607562517/embed">https://www.wionews.com/videos/us-iran-war-can-israel-us-replenish-interceptors-faster-than-iran-makes-drones-1772607562517/embed</a><h2>Iraq, Kuwait would be forced to shut oil production</h2>If oil tankers cannot move freely through the strait, production will have to be cut by countries with low storage capacity. Iraq will be forced to reduce oil production by more than 3 million bpd within a few days in such a scenario, Reuters news agency reported, citing Iraqi oil officials.Iraq can hold roughly three days of storage before it is forced to halt exports through the strait, making it most vulnerable due to its limited onshore storage capacity.&nbsp;Iraq has reportedly already begun partial shut-ins, with around 1.5 million bpd affected so far.Kuwait, meanwhile, could continue for roughly 14 days before it is also forced to halt production.Saudi Arabia has more storage facilities, possibly sufficient for 30 days.Also read: <a href="https://www.wionews.com/world/live-blog-us-israel-iran-war-live-updates-donald-trump-benjamin-netanyahu-ali-khamenei-mojtaba-khamenei-new-supreme-leader-assembly-of-experts-march-2026-1772584866186">US-Israel-Iran war LIVE updates: 'We can sustain this fight easily', says Hegseth</a><h2>Storage capacity could be exhausted in 25 days if crude does not move across the Strait&nbsp;</h2>The combined onshore crude storage capacity across seven major Gulf producers – Saudi Arabia, UAE, Iraq, Kuwait, Qatar, Oman and Iran – is estimated at about 343 million barrels.This equates to nearly 22 days of stranded production buffer, though additional offshore and empty tanker capacity could add a few more days, extending it to around 25 days.After this, widespread mandatory production shut-ins would have to begin, simply because there would be no place to store the crude oil.Also read: <a href="https://www.wionews.com/world/-struck-covert-underground-nuclear-site-in-iran-used-for-secret-weapons-development-says-israel-1772573229766">'Struck ‘covert underground’ nuclear site in Iran used for secret weapons-development', says Israel</a><h2>A chain reaction that could increase crude oil prices</h2>Production shut-ins could raise oil prices, with Brent potentially reaching 100–120 dollars per barrel in severe, prolonged cases, according to reports.The Strait of Hormuz normally handles 16–20 million bpd of crude equivalent under typical conditions. The JP Morgan note emphasised that “speed and decisiveness” in response are critical, as delays quickly translate into forced shut-ins, particularly for lower-storage countries such as Iraq.Disclaimer: WION takes utmost care to accurately and responsibly report ongoing conflicts in West Asia involving Israel, Iran, US, Gulf nations and non-state actors like Hezbollah, Hamas, Houthis, Islamic State, and others. Claims and counterclaims, disinformation and misinformation are being made online and offline. Given this context, WION cannot independently verify the authenticity of all statements, social media posts, photos and videos.

If the Strait of Hormuz is disrupted by Iran, countries like Iraq and Kuwait could cut 3.3 million bpd of crude oil production. This risks Gulf crude supply losses and a sharp spike in global oil prices

If the conflict involving Iran and the Gulf states, resulting from the Israel-US joint operation and retaliatory strikes by Tehran, does not stop by Friday, there could be a supply cut of 3.3 million barrels per day of crude oil. The warning from JP Morgan came amid disruptions in the Strait of Hormuz, the strategic waterway between the Persian Gulf and the Gulf of Oman, which is the world’s key oil transit chokepoint. The strait carries nearly a fifth of global oil and liquefied natural gas flows. Iran Revolutionary Guards claim to have taken total control of Strait of Hormuz The situation escalated amid Iranian media reports that the Islamic Revolutionary Guards have closed the Strait of Hormuz and that Iran would fire on any ship attempting to pass. If the waterway is closed for long, the losses could escalate to 3.8 million bpd around day 15 since the start of the conflict on February 27. By day 18, it could reach 4.7 million bpd, JP Morgan said in a note. https://www.wionews.com/videos/us-iran-war-can-israel-us-replenish-interceptors-faster-than-iran-makes-drones-1772607562517/embed Iraq, Kuwait would be forced to shut oil production If oil tankers cannot move freely through the strait, production will have to be cut by countries with low storage capacity. Iraq will be forced to reduce oil production by more than 3 million bpd within a few days in such a scenario, Reuters news agency reported, citing Iraqi oil officials. Iraq can hold roughly three days of storage before it is forced to halt exports through the strait, making it most vulnerable due to its limited onshore storage capacity. Iraq has reportedly already begun partial shut-ins, with around 1.5 million bpd affected so far. Kuwait, meanwhile, could continue for roughly 14 days before it is also forced to halt production. Saudi Arabia has more storage facilities, possibly sufficient for 30 days. Also read: US-Israel-Iran war LIVE updates: 'We can sustain this fight easily', says Hegseth Storage capacity could be exhausted in 25 days if crude does not move across the Strait The combined onshore crude storage capacity across seven major Gulf producers – Saudi Arabia, UAE, Iraq, Kuwait, Qatar, Oman and Iran – is estimated at about 343 million barrels. This equates to nearly 22 days of stranded production buffer, though additional offshore and empty tanker capacity could add a few more days, extending it to around 25 days. After this, widespread mandatory production shut-ins would have to begin, simply because there would be no place to store the crude oil. Also read: 'Struck ‘covert underground’ nuclear site in Iran used for secret weapons-development', says Israel A chain reaction that could increase crude oil prices Production shut-ins could raise oil prices, with Brent potentially reaching 100–120 dollars per barrel in severe, prolonged cases, according to reports. The Strait of Hormuz normally handles 16–20 million bpd of crude equivalent under typical conditions. The JP Morgan note emphasised that “speed and decisiveness” in response are critical, as delays quickly translate into forced shut-ins, particularly for lower-storage countries such as Iraq. Disclaimer: WION takes utmost care to accurately and responsibly report ongoing conflicts in West Asia involving Israel, Iran, US, Gulf nations and non-state actors like Hezbollah, Hamas, Houthis, Islamic State, and others. Claims and counterclaims, disinformation and misinformation are being made online and offline. Given this context, WION cannot independently verify the authenticity of all statements, social media posts, photos and videos.

If the Strait of Hormuz is disrupted by Iran, countries like Iraq and Kuwait could cut 3.3 million bpd of crude oil production. This risks Gulf crude supply losses and a sharp spike in global oil prices

Iraq, Kuwait could stop oil exports in days; 3.3 million barrels per day of crude supply to be hit if Iran vs Israel-US conflict drags on

As the US-Iran war intensifies and tensions disrupt key oil routes, U.S. President Donald Trump announced that the United States may escort oil tankers through the strategic Strait of Hormuz to ensure the continued flow of global energy supplies.

US-Iran War: Trump Says US May Escort Oil Tankers Through Strait of Hormuz

President Donald Trump announced that he has directed the United States International Development Finance Corporation (DFC) to provide political risk insurance and financial guarantees for ships traveling through the Gulf, as tensions escalate around the Strait of Hormuz. In a post on Truth Social, Trump wrote, “Effective IMMEDIATELY, I have ordered the United States Development Finance Corporation (DFC) to provide, at a very reasonable price, political risk insurance and guarantees for the Financial Security of ALL Maritime Trade, especially Energy, traveling through the Gulf. This will be available to all Shipping Lines.” He added, "If necessary, the United States Navy will begin escorting tankers through the Strait of Hormuz, as soon as possible. No matter what, the United States will ensure the FREE FLOW of ENERGY to the WORLD. The United States’ ECONOMIC and MILITARY MIGHT is the GREATEST ON EARTH, More actions to come."&nbsp;Also Read: <a href="https://www.wionews.com/world/watch-drone-hits-near-us-consulate-in-dubai-no-injuries-reported-1772571823266">WATCH | Drone hits near US consulate in Dubai, no injuries reported</a>

The announcement follows threats from Iran to target vessels passing through the strategic waterway. Several tankers have already reported attacks in the region. Maritime insurers including Skuld, Steamship Mutual, and North Standard have notified clients that they are ending coverage for war-related risks in nearby waters, leaving ship operators exposed to potential losses.&nbsp;Tom Kloza, an independent oil analyst who advises Gulf Oil, told CNN: “I don’t think Iran can shut down the Strait of Hormuz, but insurance companies and vessel operators can.” Trump’s initiative is designed to fill the insurance gap, offering financial protection to vessels that have lost commercial coverage.&nbsp;<a href="https://www.wionews.com/videos/israel-lebanon-war-israel-vows-to-expand-lebanon-strikes-after-hezbollah-fire-1772572461995/embed">https://www.wionews.com/videos/israel-lebanon-war-israel-vows-to-expand-lebanon-strikes-after-hezbollah-fire-1772572461995/embed</a>&nbsp;Shipping traffic has already declined sharply. Data from S&amp;P Global Commodities at Sea shared with CNN shows only two oil and chemical tankers transited the strait on Monday, compared with a typical daily average of around 60 vessels. The corridor normally carries about 20% of global oil flows.&nbsp;Disclaimer: WION takes utmost care to accurately and responsibly report ongoing conflicts in West Asia involving Israel, Iran, US, Gulf nations and non-state actors like Hezbollah, Hamas, Houthis, Islamic State, and others. Claims and counterclaims, disinformation and misinformation are being made online and offline. Given this context, WION cannot independently verify the authenticity of all statements, social media posts, photos and videos.

'Free flow of energy to the world': Trump orders navy escort for oil tankers in Strait of Hormuz

President Donald Trump announced that he has directed the United States International Development Finance Corporation (DFC) to provide political risk insurance and financial guarantees for ships traveling through the Gulf, as tensions escalate around the Strait of Hormuz. In a post on Truth Social, Trump wrote, “Effective IMMEDIATELY, I have ordered the United States Development Finance Corporation (DFC) to provide, at a very reasonable price, political risk insurance and guarantees for the Financial Security of ALL Maritime Trade, especially Energy, traveling through the Gulf. This will be available to all Shipping Lines.” He added, "If necessary, the United States Navy will begin escorting tankers through the Strait of Hormuz, as soon as possible. No matter what, the United States will ensure the FREE FLOW of ENERGY to the WORLD. The United States’ ECONOMIC and MILITARY MIGHT is the GREATEST ON EARTH, More actions to come." Also Read: WATCH | Drone hits near US consulate in Dubai, no injuries reported

US President Donald Trump orders DFC insurance for Gulf shipping and signals possible US Navy tanker escorts amid Iran threats in Strait of Hormuz

Oil prices have surged for the 3rd day straight, as the US-Israel offensive on Iran has widened. One of the biggest threats of any conflict involving Iran was the spillover of the tension on the shipping route, the Strait of Hormuz, which carries one-fifth of the global oil supply.“The price of oil has reached $81/bbl, and the world is certainly waiting for it to reach at least $200. The Strait of Hormuz is closed. Our heroes in the Islamic Revolutionary Guard Corps Navy and the Army will set fire to any ships that wish to pass through this strait,” said the IRGC adviser General Ebrahim Jabari on state TV.&nbsp;The cumulative jump in crude oil prices was by at least 10 per cent following the US-Israel attacks on the Islamic Republic. On Tuesday, Brent future is trading at $79.85 per barrel, up by 2.78 per cent, WTI future is trading at $73.15 per barrel, up by 2.70 per cent, Murban future is trading at $80.41 per barrel, up by 2.37 per cent from Monday. Brent briefly touched $82.37 per barrel on Monday, then retreated before the market closed. The Spot prices have also seen a cumulative jump of 10 per cent since the pre-conflict period, with Brent at $77.82 per barrel for Brent, WTI spot at $70.90 per barrel, and Murban spot at around $79 per barrel. The surge in oil prices was apparent in US gas stations as the US had an average price of gasoline that topped $3 per gallon for the first time since November. Gasoline is being sold at $3.052 per gallon, up by 11.1 cents, and Diesel is being sold at $3.812 per gallon.&nbsp;Also Read: <a href="https://www.wionews.com/opinions/epic-fury-enduring-freedom-war-names-psychology-1772368544008">Epic Fury to Enduring Freedom: What war names reveal about power</a>&nbsp;The US Secretary of State Marco Rubio has said on Monday that they have a phased plan in place to tackle the spike in oil prices. “ We anticipated this could be an issue. And Secretary Wright and Bessent will begin to roll out those steps starting tomorrow to mitigate – to mitigate – against the impact that could have,” said Marco Rubio, referring to &nbsp;Energy Secretary Chris Wright and Treasury Secretary Scott Bessent.&nbsp;&nbsp;However, analysts predict a further surge in the volatility, as there is no proper plan in place for de-escalation in the region. The Strait of Hormuz remains technically open but functionally closed. “Traffic is down at least 80 per cent,” said Michelle Bockmann, a senior maritime intelligence analyst at Windward. Most commercial operators have withdrawn from the site, and insuarance premium have reached six years high. This could impact the Gulf countries and specifically South East Asian countries, China, India, Japan, South Korea and Europe. As some 30 per cent of Europe’s supply of jet fuel passes through the lane. The US seems immune at the beginning with the rising cost, as it likely helps the US Producers. &nbsp;Ships are compelled to reroute, and longer routes cost more in transport and insurance. A prolonged conflict might encourage South Asian countries to look at other producers in Russia. However, market analysts predict that Iran's attack on the shipping route might just work against them, as it will draw the Gulf nations into the war and might make “boots on the ground” feasible for the US.&nbsp;&nbsp;(Disclaimer: WION takes utmost care to accurately and responsibly report ongoing conflicts in West Asia involving Israel, Iran, the US, Gulf nations and non-state actors like Hezbollah, Hamas, Houthis, Islamic State, and others. Claims and counterclaims, disinformation and misinformation are being made online and offline. Given this context, WION cannot independently verify the authenticity of all statements, social media posts, photos and videos.)

Oil prices jump 10% after US-Israel strikes on Iran. Brent nears $82 as Iran threatens to close the Strait of Hormuz, raising global supply fears.

Oil prices have surged for the 3rd day straight, as the US-Israel offensive on Iran has widened. One of the biggest threats of any conflict involving Iran was the spillover of the tension on the shipping route, the Strait of Hormuz, which carries one-fifth of the global oil supply. “The price of oil has reached $81/bbl, and the world is certainly waiting for it to reach at least $200. The Strait of Hormuz is closed. Our heroes in the Islamic Revolutionary Guard Corps Navy and the Army will set fire to any ships that wish to pass through this strait,” said the IRGC adviser General Ebrahim Jabari on state TV. The cumulative jump in crude oil prices was by at least 10 per cent following the US-Israel attacks on the Islamic Republic. On Tuesday, Brent future is trading at $79.85 per barrel, up by 2.78 per cent, WTI future is trading at $73.15 per barrel, up by 2.70 per cent, Murban future is trading at $80.41 per barrel, up by 2.37 per cent from Monday. Brent briefly touched $82.37 per barrel on Monday, then retreated before the market closed. The Spot prices have also seen a cumulative jump of 10 per cent since the pre-conflict period, with Brent at $77.82 per barrel for Brent, WTI spot at $70.90 per barrel, and Murban spot at around $79 per barrel. The surge in oil prices was apparent in US gas stations as the US had an average price of gasoline that topped $3 per gallon for the first time since November. Gasoline is being sold at $3.052 per gallon, up by 11.1 cents, and Diesel is being sold at $3.812 per gallon. Also Read: Epic Fury to Enduring Freedom: What war names reveal about power The US Secretary of State Marco Rubio has said on Monday that they have a phased plan in place to tackle the spike in oil prices. “ We anticipated this could be an issue. And Secretary Wright and Bessent will begin to roll out those steps starting tomorrow to mitigate – to mitigate – against the impact that could have,” said Marco Rubio, referring to Energy Secretary Chris Wright and Treasury Secretary Scott Bessent. However, analysts predict a further surge in the volatility, as there is no proper plan in place for de-escalation in the region. The Strait of Hormuz remains technically open but functionally closed. “Traffic is down at least 80 per cent,” said Michelle Bockmann, a senior maritime intelligence analyst at Windward. Most commercial operators have withdrawn from the site, and insuarance premium have reached six years high. This could impact the Gulf countries and specifically South East Asian countries, China, India, Japan, South Korea and Europe. As some 30 per cent of Europe’s supply of jet fuel passes through the lane. The US seems immune at the beginning with the rising cost, as it likely helps the US Producers. Ships are compelled to reroute, and longer routes cost more in transport and insurance. A prolonged conflict might encourage South Asian countries to look at other producers in Russia. However, market analysts predict that Iran's attack on the shipping route might just work against them, as it will draw the Gulf nations into the war and might make “boots on the ground” feasible for the US. (Disclaimer: WION takes utmost care to accurately and responsibly report ongoing conflicts in West Asia involving Israel, Iran, the US, Gulf nations and non-state actors like Hezbollah, Hamas, Houthis, Islamic State, and others. Claims and counterclaims, disinformation and misinformation are being made online and offline. Given this context, WION cannot independently verify the authenticity of all statements, social media posts, photos and videos.)

Oil prices jump 10% after US-Israel strikes on Iran. Brent nears $82 as Iran threatens to close the Strait of Hormuz, raising global supply fears.

Oil prices surge 10% as Iran threatens to 'set fire' to ships passing through Strait of Hormuz

Iran-US war: The Strait of Hormuz has been closed, and a fuel tanker is on fire after being hit by two drones. Iran claims it was helping the US Navy ship.s Iran's Revolutionary Guards have warned that any ship trying to cross will be set ablaze. 

Iran-US war: The Strait of Hormuz has been closed, and a fuel tanker is on fire after being hit by two drones. Iran claims it was helping the US Navy ship.s Iran's Revolutionary Guards have warned that any ship trying to cross will be set ablaze.&nbsp;

Strait of Hormuz shut: Fuel tanker on fire, 750 ships caught in backups as insurers cancel war coverage

An oil tanker with 15 Indian nationals among its crew was hit by Iran near Oman’s Musandam Peninsula in the strategic Strait of Hormuz on Sunday, injuring four people, as hostilities between Israel and Iran continued even after the death of Iran’s Supreme Leader Ayatollah Ali Khamenei in US-Israeli strikes on Saturday. The tanker also has five Iranians as its crew members. The Palau-flagged tanker Skylight was hit near Oman’s Musandam Peninsula. Oman’s Maritime Security Centre said in a post on X that the attack occurred about “5 nautical miles north of Musandam’s Khasab Port," after which the vessel’s 20-member crew was evacuated. It did not specify what weapon struck the tanker.&nbsp;&nbsp;Iranian forces are retaliating to avenge the death of Khamenei.&nbsp;Also Read: <a href="https://www.wionews.com/world/iran-fired-missile-with-cluster-munitions-at-civilian-area-in-israel-alleges-idf-1772310941372">Iran fired missile with cluster munitions at civilian area in Israel, alleges IDF</a><h2>Four crew members sustained injuries of varying severity</h2>&nbsp;Initial reports said four crew members had sustained “injuries of varying severity.” The crew comprised 15 Indians and five Iranian citizens, the Oman Maritime Security Centre mentioned.&nbsp;The report added that the tanker’s registered owner is Sea Force Inc., and it is managed by Red Sea Ship Management LLC. The US had sanctioned Red Sea Ship Management and the Skylight in December 2025, accusing them of operating a “shadow fleet” to transport Iranian petroleum products in the Gulf.&nbsp;Also Read: <a href="https://www.wionews.com/world/about-200-jets-dropped-hundreds-of-munitions-on-500-military-targets-in-iran-idf-1772303062176">About 200 jets dropped hundreds of munitions on 500 military targets in Iran, shares IDF</a>&nbsp;Ship-tracking service Tankertrackers.com described Skylight as a small tanker mostly used for fuelling other vessels and said it had been anchored in the Musandam governorate since February 22.&nbsp;Musandam is strategically sensitive, as the peninsula shares control of the Strait of Hormuz with Iran—a key global chokepoint through which roughly one-fifth of the world’s oil supply passes.Earlier in the day, Oman’s state news agency reported that Duqm commercial port was hit by two drones, injuring one expatriate worker. Authorities said debris from another drone fell near fuel storage tanks, though no casualties or material losses were reported in that incident.&nbsp;Also Read: <a href="https://www.wionews.com/world/burj-khalifa-evacuated-the-palm-hit-and-dubai-airport-ops-shut-as-uae-intercepts-iranian-missiles-1772295883100">Burj Khalifa evacuated, The Palm hit and Dubai airport ops shut as UAE intercepts Iranian missiles</a><h2>IRGC had closed Strait of Hormuz to international navigation, warned vessels</h2>&nbsp;On Saturday, Iran’s Islamic Revolutionary Guard Corps (IRGC) had declared via radio transmissions that the Strait of Hormuz was closed to international navigation. Multiple vessels in the area received VHF warnings stating that “no ship is allowed to pass the Strait of Hormuz”.&nbsp;The strait, which connects the Persian Gulf to the Gulf of Oman, carries roughly 20% of global oil supply and large volumes of LNG, particularly from Qatar. It is considered one of the world’s most critical maritime choke points.&nbsp;Several tanker owners and oil majors have suspended crude and LNG shipments through the route. Marine insurers have halted coverage for voyages in the area, leaving operators exposed to major risk premiums.&nbsp;&nbsp;Also Read: <a href="https://www.wionews.com/world/israeli-officials-believe-irgc-chief-mohammad-pakpour-killed-in-strikes-1772281838407">Israeli officials believe IRGC chief Mohammad Pakpour killed in strikes</a>&nbsp;On Sunday, an enormous explosion rocked Iran’s capital as the Israeli military said it was targeting central Tehran. Iran has responded by firing missiles and drones at Israel as well as several Gulf countries in retaliation for the killing of Supreme Leader Ayatollah Ali Khamenei.Iran’s leadership has warned the “great crime will never go unanswered,” while US President Donald Trump cautioned Tehran against further retaliation, saying, “if they do, we will hit them with a force that has never been seen before.”The conflict has begun disrupting regional security and aviation as strikes and interceptions have been reported across Israel and multiple Arab states, raising fears of a wider regional war.&nbsp;

Initial reports said four crew members of the oil tanker had sustained “injuries of varying severity.” The crew comprised 15 Indians and five Iranian citizens, the Oman Maritime Security Centre mentioned. The tanker had been anchored in the Musandam governorate since February 22.

An oil tanker with 15 Indian nationals among its crew was hit by Iran near Oman’s Musandam Peninsula in the strategic Strait of Hormuz on Sunday, injuring four people, as hostilities between Israel and Iran continued even after the death of Iran’s Supreme Leader Ayatollah Ali Khamenei in US-Israeli strikes on Saturday. The tanker also has five Iranians as its crew members. The Palau-flagged tanker Skylight was hit near Oman’s Musandam Peninsula. Oman’s Maritime Security Centre said in a post on X that the attack occurred about “5 nautical miles north of Musandam’s Khasab Port," after which the vessel’s 20-member crew was evacuated. It did not specify what weapon struck the tanker. Iranian forces are retaliating to avenge the death of Khamenei. Also Read: Iran fired missile with cluster munitions at civilian area in Israel, alleges IDF Four crew members sustained injuries of varying severity Initial reports said four crew members had sustained “injuries of varying severity.” The crew comprised 15 Indians and five Iranian citizens, the Oman Maritime Security Centre mentioned. The report added that the tanker’s registered owner is Sea Force Inc., and it is managed by Red Sea Ship Management LLC. The US had sanctioned Red Sea Ship Management and the Skylight in December 2025, accusing them of operating a “shadow fleet” to transport Iranian petroleum products in the Gulf. Also Read: About 200 jets dropped hundreds of munitions on 500 military targets in Iran, shares IDF Ship-tracking service Tankertrackers.com described Skylight as a small tanker mostly used for fuelling other vessels and said it had been anchored in the Musandam governorate since February 22. Musandam is strategically sensitive, as the peninsula shares control of the Strait of Hormuz with Iran—a key global chokepoint through which roughly one-fifth of the world’s oil supply passes. Earlier in the day, Oman’s state news agency reported that Duqm commercial port was hit by two drones, injuring one expatriate worker. Authorities said debris from another drone fell near fuel storage tanks, though no casualties or material losses were reported in that incident. Also Read: Burj Khalifa evacuated, The Palm hit and Dubai airport ops shut as UAE intercepts Iranian missiles IRGC had closed Strait of Hormuz to international navigation, warned vessels On Saturday, Iran’s Islamic Revolutionary Guard Corps (IRGC) had declared via radio transmissions that the Strait of Hormuz was closed to international navigation. Multiple vessels in the area received VHF warnings stating that “no ship is allowed to pass the Strait of Hormuz”. The strait, which connects the Persian Gulf to the Gulf of Oman, carries roughly 20% of global oil supply and large volumes of LNG, particularly from Qatar. It is considered one of the world’s most critical maritime choke points. Several tanker owners and oil majors have suspended crude and LNG shipments through the route. Marine insurers have halted coverage for voyages in the area, leaving operators exposed to major risk premiums. Also Read: Israeli officials believe IRGC chief Mohammad Pakpour killed in strikes On Sunday, an enormous explosion rocked Iran’s capital as the Israeli military said it was targeting central Tehran. Iran has responded by firing missiles and drones at Israel as well as several Gulf countries in retaliation for the killing of Supreme Leader Ayatollah Ali Khamenei. Iran’s leadership has warned the “great crime will never go unanswered,” while US President Donald Trump cautioned Tehran against further retaliation, saying, “if they do, we will hit them with a force that has never been seen before.” The conflict has begun disrupting regional security and aviation as strikes and interceptions have been reported across Israel and multiple Arab states, raising fears of a wider regional war.

Initial reports said four crew members of the oil tanker had sustained “injuries of varying severity.” The crew comprised 15 Indians and five Iranian citizens, the Oman Maritime Security Centre mentioned. The tanker had been anchored in the Musandam governorate since February 22.

Iran hits oil tanker with 15 Indian crew members in Strait of Hormuz; 4 injured

A former IRGC commander and long-time establishment figure, Ali Larijani has re-entered the core of decision-making at a moment when military, diplomatic and constitutional processes are unfolding simultaneously.

A former IRGC commander and long-time establishment figure, Ali Larijani has re-entered the core of decision-making at a moment when military, diplomatic and constitutional processes are unfolding simultaneously.

Could Ali Larijani be Iran’s next supreme leader? How the ex‑IRGC figure emerged in succession race after Khamenei’s death

India, China, Japan, South Korea and European nations are highly dependent on the Strait of Hormuz, through which 20 per cent of global oil and major LNG supplies transit daily.

India, China, Japan, South Korea and European nations are highly dependent on the Strait of Hormuz, through which 20 per cent of global oil and major LNG supplies transit daily.

Which countries depend most on the Strait of Hormuz? Hint: India is on the list

The aircraft movements recorded include multiple squadrons of F-35s, F-22s and F-16s heading toward the region along with aerial refuelling tankers, suggesting not just short-range flights but positioning for sustained operations if required.

The aircraft movements recorded include multiple squadrons of F-35s, F-22s and F-16s heading toward the region along with aerial refuelling tankers, suggesting not just short-range flights but positioning for sustained operations if required.

Why is US massing F-35, F-22 & F-16 fighter jets around Iran amid sensitive nuclear talks: Show of force or pre-strike signal?

The Strait of Hormuz, a vital oil chokepoint, remains central to US-Iran tensions as nuclear talks continue, with any disruption threatening global energy supplies and spiking oil prices.

The Strait of Hormuz, a vital oil chokepoint, remains central to US-Iran tensions as nuclear talks continue, with any disruption threatening global energy supplies and spiking oil prices.

All about Strait of Hormuz, the only marine entryway into Gulf and why it's at the centre of US-Iran nuke tensions

Prior to the US strikes in June 2025, nuclear talks between Washington and Tehran had stalled over US demands that Iran halt enrichment on its soil, which Washington viewed as a pathway to developing nuclear weapons. 

Prior to the US strikes in June 2025, nuclear talks between Washington and Tehran had stalled over US demands that Iran halt enrichment on its soil, which Washington viewed as a pathway to developing nuclear weapons.&nbsp;

B‑2 bomber strikes, nuclear sites & Hormuz Strait: Are US‑Iran nuclear talks in Geneva heading for a 2025 repeat?

US President Donald Trump has indicated he will be indirectly involved in the high-stakes talks, stating, “I don’t think they want the consequences of not making a deal.”

US President Donald Trump has indicated he will be indirectly involved in the high-stakes talks, stating, “I don’t think they want the consequences of not making a deal.”

What if nuclear talks fail? 6 reasons Trump might choose the military option against Iran

Iran's Islamic Revolutionary Guard Corps on Monday (February 16, 2026) began a series of military exercises in the Strait of Hormuz, state media reported, on the eve of talks with the United States.


War Games in Strait of Hormuz To 'Prepare Guards For Military Threats'

Amidst the diplomatic tensions over the nuclear deal with the US, Iran’s Revolutionary Guard Navy began a military exercise in the strategic Strait of Hormuz, local media reported on Monday (Feb. 16). The drill was named “Smart Control of the Strait of Hormuz," and was reported being led by the naval forces of the Islamic Revolutionary Guard Corps (IRGC). It was also reported that IRGC's Commander-in-Chief Major General Mohammad Pakpour, was supervising the process. The exercise aimed to assess the readiness of operational units, review security plans, and rehearse scenarios for a military response to potential security threats.


IRGC Carries Out Live-fire Exercises, Iran Issues Notam for Live-fire Drills Near Strait of Hormuz

Deputy Foreign Minister Majid Takht-Ravanchi said Iran could agree to dilute highly enriched uranium while refusing zero enrichment, emphasising economic incentives for both sides.

Deputy Foreign Minister Majid Takht-Ravanchi said Iran could agree to dilute highly enriched uranium while refusing zero enrichment, emphasising economic incentives for both sides.

Sanctions on land, aircraft carriers at sea: How US is pushing Iran to the brink

The question now is whether those aircraft carriers would be used for military strikes if the second round of talks does not go in the United States’ favour, and how Iran might defend itself in such a situation.

The question now is whether those aircraft carriers would be used for military strikes if the second round of talks does not go in the United States’ favour, and how Iran might defend itself in such a situation.

Carrier‑kill strategy? What could be Iran’s missile, drone & swarm boat plan against USS Abraham Lincoln & Gerald R. Ford

Iran has announced live-fire military exercises in the strategic Strait of Hormuz from February 1 to 2, warning passing vessels via radio transmissions. 


'Europe Will Regret': Iran Warns EU, Put EU Armies On Terror List

Iran has announced live-fire military exercises in the strategic Strait of Hormuz from February 1 to 2, warning passing vessels via radio transmissions. 

Iran's Nuclear Sites Show Signs of Nuclear Activity

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US-Iran War: Trump Threatens Iran with 'Fire & Fury' Over Strait of Hormuz

Israel-Iran War: Global Sell Off Deepens As Oil Distribution Fears Rise

Only 48 hours of energy left? UK gas reserves shake amid Middle East tensions

UAE tugboat sinks in Strait of Hormuz; 3 Indonesians missing

Hormuz Traffic Down Over 90% Despite US Insurance Plan

IRGC challenges Trump’s plan to escort oil tankers in Hormuz

Iran war: How did Strait of Hormuz become most dangerous waterway in the world?

US-Iran War: Iran War Jolts ‘Sell U.S, Buy Asia’ Trade

US-Iran War: Global Markets Pare Losses Amid Volatility

Israel-Iran War: Can Shipping Resume Through Hormuz as Energy Crisis Widens Globally

Israel-Iran War: Iran Says it Stuck US Ship With Missile in Starit of Hormuz

Oil hope for India? Iran says Strait of Hormuz closed to US, Israel and Europe

Mumbai seafarer killed in missile strike on tanker in Strait of Hormuz

Iraq, Kuwait could stop oil exports in days; 3.3 million barrels per day of crude supply to be hit if Iran vs Israel-US conflict drags on

US-Iran War: Trump Says US May Escort Oil Tankers Through Strait of Hormuz

'Free flow of energy': Trump orders navy escort for oil tankers

Oil prices surge 10% as Iran threatens to 'set fire' to ships in Hormuz

Strait of Hormuz shut: Fuel tanker on fire, 750 ships stuck in backups

Iran hits oil tanker with 15 Indian crew members in Strait of Hormuz; 4 injured

Who is Ali Larijani? Could ex‑IRGC commander succeed Khamenei?

Which countries depend most on the Strait of Hormuz? Hint: India is on the list

Show of force or strike signal? US sends F-35, F-22, F-16 near Iran amid talks

All about Strait of Hormuz, the only marine entryway into Gulf

B‑2 strikes & Hormuz Strait: Are US‑Iran Geneva talks heading for a 2025 repeat?

If negotiations fail in Geneva, why could Trump turn to force against Iran?

War Games in Strait of Hormuz To 'Prepare Guards For Military Threats'