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Oil tanker hits mine, catches fire in Strait of Hormuz

Iran’s IRGC reported that an oil tanker caught fire and exploded after striking a naval mine in the southern part of the Strait of Hormuz.

Original · FXStreet AI summary of public reporting

Why: Hormuz tanker explosion → supply risk premium

BRENTOIL

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At publication → Current
BRENTOIL105.68 → 105.58−0.1%
Oil tanker hits mine, catches fire in Strait of Hormuz | SignalHub