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News | Commodity | Persian Gulf

IRGC Navy Reports Tankers Striking Mines on the Southern Hormuz Route

Sahmino Newsroom | 29 October 2026 | 16 days ago

The public relations office of the Islamic Revolutionary Guard Corps (IRGC) Navy said on Thursday, October 29, 2026 (7 Aban 1405), that during the preceding day three tankers struck sea mines while transiting what it calls the unauthorised southern route of the Strait of Hormuz, exploded, caught fire and were abandoned off the strait's southern coast. The IRGC says the tankers had switched off their radar and navigation systems and ignored warnings.

Archive photo | Source: Khabar Online

This is the IRGC's official account; the report cited does not name the tankers or their flags, or give crew numbers or damage. The IRGC says the route is contaminated, leaving owners and crews responsible for transiting it. The Strait of Hormuz is the main route for Persian Gulf oil shipments; an incident there bears on insurance and freight costs and on supply risk.

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 17 percent, to 96.55 dollars.

Over the same days, Gold ounce fell 3.5 percent, to 3,884 dollars.

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−16.7%
Gold ounce
−3.5%

Prices to the close of 13 November

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