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Iran Attacks Oil Tankers: Oil Prices Surge & Shipping Disrupted

by John Smith - World Editor
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DUBAI, United Arab Emirates – Several commercial vessels have been targeted in attacks in the Red Sea and the Strait of Hormuz, escalating tensions in the critical waterway and sending international oil prices climbing. The incidents, reported on Thursday, March 12, 2026, have raised concerns about the security of vital shipping lanes and the potential for wider conflict in the region.

Iran announced the closure of the Strait of Hormuz, threatening to “ignite” transit vessels, according to VOCO News. This development underscores growing regional instability and the potential for disruption to global energy supplies.

Initial reports indicate that at least three cargo ships were attacked in the Strait of Hormuz. A Japanese-flagged container ship sustained damage to its hull and engine room, according to reports.

Elsewhere, two oil tankers were reportedly attacked, prompting the evacuation of 38 crew members, with one fatality confirmed. Yahoo股市 reported that crude oil prices are nearing $100 a barrel in response to the attacks.

International oil prices have surged following the attacks, with 自由財經 noting fears of a significant impact on the oil market. The attacks approach amid heightened geopolitical tensions in the Middle East, raising concerns about potential disruptions to global trade.

The situation remains fluid, and further details are emerging. The announcement could influence future diplomatic talks and efforts to de-escalate tensions in the region.

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