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The Economic Times

Economy / The Economic Times

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Iran says tankers destroyed after hitting mines in Hormuz

Amid ongoing U.S.-Iran tensions, a fiery incident involving four oil tankers took place as they struck naval mines in the Strait of Hormuz, with claims from Iran's Islamic Revolutionary Guards Corps that two other vessels were disrupted. These events follow military strikes that have deepened the impasse, with Iran asserting its control of this crucial shipping route and readiness for conflict.

4 Nov 2026 9:51 am