The Islamic Revolutionary Guard Corps said on the 18th that two oil tankers exploded and caught fire while transiting a mined area in the southern Strait of Hormuz. The IRGC said the Strait is "completely closed" because of recent US military actions

2026-07-18

The Islamic Revolutionary Guard Corps said on the 18th that two oil tankers exploded and caught fire while transiting a mined area in the southern Strait of Hormuz. The IRGC said the Strait is "completely closed" because of recent US military actions and that oil and gas shipments cannot transit until the US halts its operations, warning vessels to avoid the mined area. The statement gave no details on the tankers' nationality, casualties or damage.

Other News
2026-07-17

Qatar's Foreign Ministry condemned in the strongest terms Iran's latest aggression against Qatari territory and the territories of several fellow countries.

2026-07-18

Markets are increasingly doubting prior certainties, a dynamic amplifying the current equity decline. The S&P 500 fell 1.6% this week, the Nasdaq Composite dropped 2.9% and the Nasdaq-100 lost 2.7%, putting July on track to be the worst in over 20 ye