A post by @FirstSquawk on X.

Iran’s IRGC Navy said two oil tankers struck naval mines while transiting the Strait of Hormuz under low-profile conditions, with both vessels catching fire. The incident puts renewed attention on the world’s most important oil chokepoint, through which roughly a fifth of global petroleum liquids consumption typically moves. Traders will watch whether the blasts are treated as a one-off or part of a broader pattern of disruption in the waterway. The immediate focus is on tanker traffic, insurance and freight rates, and any signs of rerouting or delays around Hormuz.