Iran's Revolutionary Guards said an accident left two tankers on fire in the Strait of Hormuz. Iranian forces have announced several such fires in recent weeks on routes Tehran considers off-limits. Separately, Iran claimed a strike on navigation equipment on Oman's Didamar Island, which Omani officials dispute. Hundreds of oil spills since February threaten Gulf wildlife.
Why it matters: Gulf shipping risks affect oil prices and the environment.
Iran's Revolutionary Guard said it hit ship navigation systems on Oman's Didamar Island in the Strait of Hormuz. Iran said the site was used by the US for military operations and to guide merchant ships. Omani officials disputed that there was damage.
Why it matters: Attacks on navigation aids add risk for ships crossing a key oil route.
Iranian state media reported explosions on Qeshm Island in the Strait of Hormuz after the US military fired projectiles. An Iranian official said there was no vital damage. The strike came as Trump said new attacks were unlikely.
Why it matters: Any clash near Hormuz threatens the oil shipping lane used by many countries.
President Trump confirmed the US carried out minor strikes on Iran's Qeshm Island, saying it knocked out an anti-aircraft device in minutes. He said 'it's not a war' and claimed a lot of progress in talks. Iran said its forces are stronger than before the war. Qatar is mediating and has floated a plan that could reopen the Strait of Hormuz alongside nuclear inspections. The US also offered a $20 million reward for information on Iran's nuclear program.
Why it matters: The war and the Hormuz shipping disruption drive global oil prices and fuel costs.
Attacks on ships in the Strait of Hormuz continued. UKMTO, a maritime monitor, reported 11 ships attacked in the week to Nov 4. A sailor was killed when the Greek-owned tanker Velos Sapphire was hit. Iran's Revolutionary Guards said two tankers caught fire. Iranian media said two missiles hit Qeshm Island, and Iran's army said it shot down a US MQ-9 drone. Oil prices rebounded slightly.
Why it matters: Disrupted shipping through Hormuz raises freight and fuel costs worldwide.
Iranian forces said five oil tankers and a tugboat caught fire in several incidents in the Strait of Hormuz. Trump said the US may have to destroy the rest of Iran and that people will know soon. Regional states are talking to try to stop the war from restarting. Iran reportedly sent a nuclear proposal to the US through Qatar.
Why it matters: About a fifth of the world's oil normally passes through Hormuz, so attacks there raise fuel prices everywhere.
South Korea will deploy maritime patrol aircraft and a mine-clearing team near the Strait of Hormuz. Its defense ministry announced the plan on Thursday.
Why it matters: Keeping the strait open matters for oil and gas supplies to Asia.
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