Cointime update: Iran’s Islamic Revolutionary Guard Corps said two oil tankers caught fire in the Strait of Hormuz on Wednesday night. The IRGC statement did not specify the vessels’ identities, flags, cargoes or the cause of the blazes, and gave no casualty figures. The Strait of Hormuz is the world’s most important oil chokepoint, and any disruption there affects global crude flows.
IRGC Says Two Oil Tankers Caught Fire in Strait of Hormuz Wednesday Night
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