Iran and U.S. exchange record wave of tanker attacks amid Hormuz showdown
Iran claimed to strike ten vessels near the Strait of Hormuz after the United States sank five Iranian oil tankers, marking the fiercest exchange of ship attacks since the war began.
In the latest escalation of the six-month conflict, Iran’s Revolutionary Guard reported ten attacks on vessels near the Strait of Hormuz, citing retaliation for U.S. strikes that set five Iranian oil tankers ablaze. The U.S. Central Command released footage of the burning ships and said the actions were a response to earlier Iranian missile attempts on a U.S. warship. Among the casualties, a seafarer died and another went missing from the tanker Hercules Star anchored off Dubai, with other merchant ships suffering fires and projectile hits in the Gulf and Oman.
Iran also claimed to have fired ballistic missiles at a U.S.-used base in eastern Jordan, though Jordan said most missiles were intercepted. The tit-for-tat fighting drove Brent crude futures past $100 a barrel for the first time since July and revived worries about disruptions to the vital Hormuz oil route. Parallel fighting between Saudi Arabia and Houthi forces in Yemen adds further uncertainty to regional energy markets.
How this story developed
- Aug 23 Iran readies major fuel price hike amid US sanctions and war pressures
- Sep 4 The United Arab Emirates announced a full stop to commercial and financial dealings with Iran.
- Sep 4 Iran announced the deployment of additional naval mines in the Strait of Hormuz.
- Sep 4 South Korean presidential office says the decision on a troop deployment to the Strait of Hormuz remains pending.
- Sep 4 Trump convened a meeting with refiners at the White House to discuss pump prices.
- Sep 6 AAA linked the price surge to elevated crude oil prices from the Iran war and instability in the Strait of Hormuz.
- Sep 6 Iran appealed to China, India and Russia for support at the SCO summit while Trump warned of further bombings.
- Sep 7 GasBuddy released a forecast predicting a $4.03 average gasoline price for the Labor Day weekend.
- Sep 7 Baltha creditors convened a meeting to discuss the company’s debt situation.
- Sep 7 U.S. Energy Secretary Chris Wright publicly called on allies to share the burden of escorting tankers through the Strait of Hormuz.
- Sep 7 Pentagon advisers warned that U.S. munitions stocks are low, making a large‑scale strike against Iran unsustainable.
- Sep 7 South Korea announced it is consulting allies while maintaining diplomatic contact with Iran regarding Hormuz security.
- Sep 7 Diesel price rose to $5.85 per gallon, a new national high.
- Sep 7 Brent crude climbed to about $97 a barrel as US‑Iran clashes intensified, and analysts said gasoline prices may ease in October with the shift to winter‑grade fuel.
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