The explosion occurred amid escalating tensions between Iran, Israel and the US in West Asia.

Zubai, Iraq, the Bahamas flagged crude oil tanker Sonangol Namibe yesterday reported hull damage after being approached by a small boat. It is the latest in a string of incidents that have reduced transits through the Strait of Hormuz to a trickle.

An oil tanker suffered an explosion off the coast of Iraq which damaged a tank that is losing water, signaling wider risks to shipping in the Persian Gulf beyond the Strait of Hormuz.

LONDON, March 5 (Reuters) - The Bahamas flagged crude oil tanker Sonangol Namibe's hull was likely to have been breached after being hit by a blast while anchored near Iraq's Khor al Zubair port, U.S.

The Justice Department has filed a complaint to legally take ownership of a sanctioned tanker and nearly 2 million barrels of petroleum seized off the coast of Venezuela in December.

An exchange-traded fund that provides exposure to oil-tanker freight rates was soaring after the U.S. and Israel bombarded Iran and raised concern over shipping through the Strait of Hormuz. Shares of the Breakwave Tanker Shipping ETF,

Vessels were already coming under fire in the fight with Iran, and now Oman said drone boats are adding to the risks in strategic waters.

A tanker at anchor off Kuwait experienced a significant explosion on its port side, resulting in water ingress. A small craft was seen leaving the area after the blast. There is an oil leak but no fires,

Belgium’s special forces on Sunday boarded and seized an oil tanker from the “shadow fleet” that Russia uses to circumvent Western sanctions imposed over its war in Ukraine.