The incident adds to a surge of at least 10 tanker strikes since Sept. 21, including a VLCC hit on Oct. 2 that remains on fire and abandoned according to satellite imagery. Daily oil flows of roughly 17.5 million barrels have stayed resilient despite the attacks and the lack of a U.S. military response. Shipping executives estimate a 1-in-20 chance that a vessel will be hit while transiting the strait.
Tuesday, October 20, 2026
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Iran Strikes 2 More Hormuz Tankers Including Leaking VLCC
Commodities17 days ago
Shipping vessels reported being struck by explosions in the narrow channel connecting the Gulf and the Arabian Sea on Oct. 4. One vessel, a Very Large Crude Carrier, is leaking oil and lying sideways in the transit lane, forcing tugboats to attempt to move the ship out of the crossing. Analysts and reports from Kalshi Finance attribute the overnight attacks to Iranian forces.
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