Iran Says Four Oil Tankers Destroyed By Mines Near Strait Of Hormuz

What happened: Iran's Islamic Revolutionary Guard Corps said four oil tankers were destroyed after hitting naval mines south of the Strait of Hormuz, in an area Iran designated as prohibited for navigation. Why it matters: Vortexa analyst George Morris said October data shows Middle East seaborne oil exports pulled back from post-war highs on heightened risks in the Strait of Hormuz. Tanker trackers caution figures could be revised up, and say attacks are making shipment tracking difficult.

Iran's Islamic Revolutionary Guard Corps said four oil tankers were destroyed after hitting naval mines south of the Strait of Hormuz, in an area Iran designated as prohibited for navigation.

Vortexa analyst George Morris said October data shows Middle East seaborne oil exports pulled back from post-war highs on heightened risks in the Strait of Hormuz. Tanker trackers caution figures could be revised up, and say attacks are making shipment tracking difficult.