# Iran's IRGC says four tankers destroyed after hitting mines near Strait of Hormuz

> Iran's Revolutionary Guard Corps said four oil tankers were destroyed after hitting naval mines on a route south of the Strait of Hormuz. It also said two other vessels were seized, and the tankers were still ablaze.

- Date: 2026-11-04 · published 2026-11-04T12:07:30.331Z
- Category: geopolitics · region Middle East · magnitude high
- Page: https://feedsoft.ai/events/79595-iran-s-irgc-says-four-tankers-destroyed-after-hitting-mines-near-strait-of
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Losses of tanker capacity and new mine risk in the Strait of Hormuz tighten crude and refined product supply, pushing up energy costs for feed mills and transport. WTI was still down 1.3% on the day, so the market reaction was limited.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2026-07-14 | [Russia, Strait of Hormuz combining to drive diesel higher after declines - FreightWaves](https://feedsoft.ai/events/12185-russia-strait-of-hormuz-combining-to-drive-diesel-higher-after-declines.md) | +6.8% | +9.4% |
| BRENT | 2026-03-02 | [Oil prices soar amid Strait of Hormuz fears as Iran war intensifies](https://feedsoft.ai/events/12016-oil-prices-soar-amid-strait-of-hormuz-fears-as-iran-war-intensifies.md) | +31.0% | +62.6% |
| BRENT | 2026-03-12 | [Oil settles up 9% as Iran vows to keep Strait of Hormuz closed \| Reuters](https://feedsoft.ai/events/6638-oil-settles-up-9-as-iran-vows-to-keep-strait-of-hormuz-closed-reuters.md) | +23.1% | +16.8% |
| BRENT | 2026-04-30 | [Oil retreats after hitting four-year high on concern of US-Iran war escalation \| Reuters](https://feedsoft.ai/events/19881-oil-retreats-after-hitting-four-year-high-on-concern-of-us-iran-war-escalation.md) | -15.3% | -21.9% |
| BRENT | 2019-07-19 | [Crude rises slightly after Iran says it seized UK tanker](https://feedsoft.ai/events/58262-crude-rises-slightly-after-iran-says-it-seized-uk-tanker.md) | +3.5% | -5.7% |
| WTI | 2026-03-02 | [Oil prices soar amid Strait of Hormuz fears as Iran war intensifies](https://feedsoft.ai/events/12016-oil-prices-soar-amid-strait-of-hormuz-fears-as-iran-war-intensifies.md) | +35.6% | +50.4% |
| WTI | 2026-03-12 | [Oil settles up 9% as Iran vows to keep Strait of Hormuz closed \| Reuters](https://feedsoft.ai/events/6638-oil-settles-up-9-as-iran-vows-to-keep-strait-of-hormuz-closed-reuters.md) | +10.6% | +13.9% |
| WTI | 2026-04-30 | [Oil retreats after hitting four-year high on concern of US-Iran war escalation \| Reuters](https://feedsoft.ai/events/19881-oil-retreats-after-hitting-four-year-high-on-concern-of-us-iran-war-escalation.md) | -10.8% | -16.4% |

## Sources

- fxstreet.com: https://www.fxstreet.com/news/irans-irgc-says-four-tankers-destroyed-after-hitting-mines-near-strait-of-hormuz-202611040432

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.