Oil Prices Jump Above $92 as Two Tankers Are Attacked in Strait of Hormuz
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US-Iran War: Two Saudi Oil Tankers Hit in Strait of Hormuz, Tensions Escalate
Two supertankers carrying Saudi crude oil were struck by unknown projectiles while transiting out of the Strait of Hormuz, sharply escalating tensions in the strategically vital waterway amid the ongoing US-Iran conflict.
The vessels—Saudi-flagged Sidr and Liberian-flagged Senegal Prosperity—were reportedly hit within minutes of each other near Khasab, Oman. Both tankers were carrying around 2 million barrels of Saudi crude each, loaded at Saudi Aramco's Juaymah terminal.
Shipping intelligence firms Marisks and Kpler confirmed the incidents, describing the near-simultaneous attacks as a further escalation in the threat environment around the Omani corridor. All crew members were reported safe, with no major environmental damage immediately reported.
The attacks have also sent global oil prices higher as markets fear further disruption to crude shipments through the Strait of Hormuz. Brent crude climbed above $92 per barrel, while WTI also rose sharply.
The Strait of Hormuz is one of the world's most important energy chokepoints, carrying roughly one-fifth of global oil and LNG flows. Any prolonged disruption could therefore have significant consequences for global energy prices and supply chains.
