A Qatari LNG tanker was at risk of ​exploding and a Saudi crude tanker was damaged near the Strait of Hormuz on Tuesday, sending oil prices higher as maritime authorities raised the threat risk for ve...

Three tankers were hit in the Strait of Hormuz in the past 24 hours, British maritime security agency UKMTO reported on Tuesday, after Qatar blamed Iran for an attack on one of its ships.

Allegations have surfaced that the IRGC targeted vessels linked to a U.S. regional ally, raising fears of another escalation in one of the world’s most critical maritime chokepoints.