1041 Huge Escalation In Mideast: Oil Ship Bombed Off Oman Coast After Iran Shuts Hormuz Strait

1 Mar 2026Iran’s Islamic Revolutionary Guard Corps (IRGC) announced the closure of the Strait of Hormuz, a vital artery for global oil and gas transportation, following a suspected drone or missile attack on a commercial oil tanker off the Omani coast. The attack, which injured four crew members, is believed to be a retaliatory strike by Iran-backed Houthi rebels in response to US and Israeli actions against Iran. The closure of the strait could have severe consequences, disrupting global energy markets and causing oil and gas prices to surge.