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News | Commodity | Persian Gulf

Iran's Military Reports Tanker Fire East of Strait of Hormuz

Sahmino Newsroom | 27 October 2026 | 18 days ago

Iran's military said on Tuesday, October 27, 2026, that an oil tanker caught fire after hitting a mine east of the Strait of Hormuz. Ecoiran carried the military's announcement, and Al Jazeera's live coverage that day also reported Iran's account of a tanker fire after a mine strike in the area. The cited announcement did not identify the vessel or quantify damage. The reported incident is near a major oil-shipping route.

Sahmino context

What the prices have done since this story was published, and what Sahmino wrote around it

Over the same days, Brent Crude fell 15 percent, to 96.55 dollars.

Over the same days, Gold ounce fell 4.3 percent, to 3,884 dollars.

Brent Crude
−15.5%
Gold ounce
−4.3%

Prices to the close of 13 November

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