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64CONFLICT

Iran's IRGC and US CENTCOM provide conflicting accounts of tanker incident in Strait of Hormuz

⚡ Markets: The conflicting reports create uncertainty and highlight the high risk to shipping in the world's most critical oil chokepoint. Any confirmation of attacks on tankers adds to the risk premium for oil and shipping insurance rates.BrentTanker stocks

Iran's Islamic Revolutionary Guard Corps (IRGC) claimed a supertanker named El Gaia exploded after hitting naval mines in the Strait of Hormuz. However, U.S. Central Command (CENTCOM) disputed this account, stating the vessel had been struck by an Iranian missile last month and was recently hit again by an Iranian drone.

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