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Breaking Posted 9 hours ago

Iran, US clash over Strait of Hormuz control amid vessel attacks

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Two vessels struck by naval mines in the Strait of Hormuz this week as Iran and US dispute control of the chokepoint. Oil markets remain sensitive to supply-route disruptions; energy costs feed EUR inflation narratives and support CAD via crude. Traders monitor whether attacks escalate or prove contained.
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1 hour ago

Iran Says Oil Tanker Hit Mine, Explodes in Hormuz Strait

Iranian state TV released video of an oil tanker explosion allegedly caused by a naval mine in the Strait of Hormuz. Energy supply disruptions at this critical shipping chokepoint move crude prices and feed into EUR via energy-cost pass-through; markets have priced recurring geopolitical escalation as structural rather than decision-moving, but any actual traffic loss matters for CAD and oil-linked currencies.

https://www.aljazeera.com/video/newsfeed/2026/10/17/iranian-tv-airs-video-said-to-show-tanker-explosion-in-hormuz?traffic_source=rss
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