Source: International Business Times
Oil tankers pass through the Strait of Hormuz daily — a route Iran temporarily closed for military drills during talks. The risk of a global maritime conflict escalated sharply on 5 March 2026, as Iran's Islamic Revolutionary Guard Corps (IRGC) claimed responsibility for a missile strike on an American oil tanker in the northern Persian Gulf. In a statement broadcast via state media, the IRGC asserted that the vessel was currently 'on fire' following the attack.
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