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[INTERNATIONAL] · Oman, Kuwait, Saudi Arabia, United Arab Emirates, Iran · 83 sources

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Strait of Hormuz: Tankers struck by projectiles amid rising tensions

Maritime security in the Strait of Hormuz has escalated following a series of projectile attacks on commercial vessels. The United Kingdom Maritime Trade Operations (UKMTO) reported that a crude oil tanker was struck by an unknown projectile approximately four nautical miles east of Oman, resulting in a minor fire and a temporary loss of electrical power. All crew members were reported safe, and no environmental damage was detected.

In a separate incident, the Kuwaiti-flagged tanker MT Kazimah III was struck by a projectile in the Strait. Five Indian nationals on board were successfully rescued and moved ashore with assistance from Omani authorities. These attacks occur amid heightened geopolitical tensions between the United States and Iran, with reports of increased Iranian drone and missile activity targeting commercial shipping.

Despite these security risks, trade data from Kpler and S&P Global indicates a complex economic landscape. Liquefied natural gas (LNG) shipments through the strait reached a wartime high in September, with 21 cargoes recorded. While regional crude exports have seen a rebound to approximately 12.8 million barrels per day, driven by increased activity from Saudi Arabia and the UAE, Iranian oil exports have reportedly dropped to near zero due to intensified U.S. economic pressure and maritime blockades.

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Donald Trump · Embassy of India in Oman · Iran · JERA · Kpler · MT Kazimah III · National Shipping and Logistics Committee · Oman · QatarEnergy · Strait of Hormuz · UKMTO · United Arab Emirates

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