A post by @FirstSquawk on X.

Three oil tankers were struck by explosions and caught fire while transiting the Strait of Hormuz, according to Iranian media reports cited by First Squawk. The incident targets the world's most critical oil chokepoint, through which roughly a fifth of global petroleum consumption typically flows. It matters because any disruption there threatens crude supply and could ripple into energy prices and risk sentiment across markets. What to watch next: confirmation of the blasts and vessel identities from ship trackers and Gulf authorities, the scope of any tanker traffic halt, and whether crude benchmarks and freight rates spike in response.