Iranian waterway hit by loud blasts, unconfirmed Arab reports say
Unconfirmed Arab sources report multiple severe explosions in the Strait of Hormuz, targeting a tanker.
16 min ago2 min read
Blasts reported on Iran's key oil island as crude tests highs
Reports of explosions on Iran's Kharg Island, a key oil export hub, as WTI crude tests July highs.
08/09/2026 19:012 min read
Mehr News has published a report stating the following:
- A Mehr correspondent stationed on Kharg Island reported that multiple explosions were heard across parts of the island a few minutes ago
- The blasts were audible from the Kharg anchorage area
This report comes from a regime-affiliated media outlet, so caution is warranted; the US has been carrying out strikes on Iranian vessels.
West Texas Intermediate crude settled $1.55 higher at $93.03, now testing the July peaks once more. Kharg Island is Iran's main oil export hub.
Share to
Disclaimer: this article comes from third-party media and is provided for reference only. It does not constitute investment advice. Crypto and other financial products carry significant price volatility risk, so please make your own decisions carefully.
Related articles
Trump rules out Iran attack ahead of November 3 elections
Trump said the US will not attack Iran before the November 3 midterm elections, easing oil market concerns.
52 min ago4 min read
Recognizing patterns in gold's price movements
An analysis of gold price patterns shows how technical levels like moving averages and swing areas can help traders anticipate moves.
1 h ago12 min read
Testing a key swing area gives crude oil shorts a risk reference
Crude oil futures test a key swing area, giving traders a level to define risk and short-term bias.
3 h ago7 min read