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War/GeopoliticalDevelopingUS–Israel war with Iran

Brent crude breaks $100 as US strikes five more Iranian tankers and Hormuz traffic falls to six vessels

Oil prices crossed the $100 threshold for the first time since July as tanker strikes intensified and the Strait of Hormuz effectively froze, with only six commodity vessels transiting on Tuesday.

8 sources analysed2 contested claims
The flags of the United States and Iran meeting at the centre of the frame, lightning bursting where they meet beneath a dark, stormy sky.
Illustration generated with AI. Not a photograph of the conflict.

Quick summary

US forces destroyed five Iranian crude oil tankers on Tuesday after Iran's Islamic Revolutionary Guard Corps attempted to strike a US Navy warship with ballistic missiles twice over the previous two days, according to US Central Command. CENTCOM named the targeted vessels as Kaviz, Charminar, Horizon 1, Riesco and Derya, struck in the Gulf of Oman and near Kharg Island, and said crews were directed to abandon ship before the strikes. Brent crude settled above $100 per barrel on Tuesday as the Middle East conflict escalated, and only six commodity vessels transited the Strait of Hormuz, down from nine on Monday and far below normal flows. CENTCOM said it has now destroyed 10 Iranian tankers since September 5, describing them as part of a multibillion-dollar "shadow network" funding the IRGC, and emphasized that no US Navy warship had been struck by Iranian missile attempts.

Key points

  • US Central Command struck five Iranian oil tankers on Tuesday—Kaviz, Charminar, Horizon 1, Riesco and Derya—after the IRGC twice attempted ballistic missile attacks on a US warship over two days
  • CENTCOM said no US warship has been hit and called Iranian claims of strikes 'completely FALSE'
  • Ten Iranian tankers have been destroyed by US forces since September 5, described as part of an IRGC shadow network
  • Brent crude settled above $100 per barrel on Tuesday, breaching the threshold for the first time since July 24
  • Only six commodity vessels transited the Strait of Hormuz on Tuesday, down from nine on Monday and well below normal averages
  • Iran's Revolutionary Guards claimed to have attacked 20 US vessels attempting to transit Hormuz and struck a US base in Jordan

How it unfolded

  1. New

    War begins

    The US and Israel launch Operation Epic Fury. Ali Khamenei is killed in the opening strikes.

  2. Changed

    Ceasefire reached, then collapses

    The first attempt to halt the fighting does not hold.

  3. Changed

    Second attempt fails

    A new memorandum of understanding fails to produce a lasting halt to the conflict.

  4. New

    Operation Economic Outcast

    Washington targets more than 60 Iran-linked entities with new sanctions.

  5. New

    Hormuz corridor proposed

    Iran and Oman propose a temporary shipping corridor through the strait, as Qatar also pursues mediation.

  6. ChangedContested

    Strait declared cleared

    CENTCOM announces that Iranian-placed mines have been cleared from the Strait of Hormuz.

  7. New

    US strike on Larak Island

    US forces strike two IRGC rocket-launcher positions, saying they posed an imminent threat to shipping.

  8. New

    Iran responds

    The IRGC confirms casualties, condemns the attack and promises retaliation.

  9. NewContested

    New escalation

    Iran launches retaliatory missiles and drones toward US bases in Jordan and the UAE. Jordan reports intercepting eight missiles.

  10. New

    Economic impact

    Brent crude rises above $90 as markets react to renewed escalation.

  11. New

    Iran appeals for interim deal compliance

    Iran urges the US to comply with what it describes as an interim deal, while Trump threatens further strikes.

  12. New

    US launches new strikes near Hormuz

    The United States launches a new barrage of airstrikes on Iranian targets around the Strait of Hormuz.

  13. New

    Brent crude hits intraday high near $99

    Brent surged to about $99.38 per barrel before settling in the $95–$97 range as markets priced in heightened supply risk.

  14. New

    Iran strikes Kuwait

    Iran launched missiles and drones at Kuwait, expanding Operation Punishment of the Aggressor.

  15. New

    US carries out second round of strikes

    The United States hit Iranian radar, missile and mine-laying infrastructure in a second wave in three days.

  16. New

    Hormuz transits fall to single digits

    Tanker flows through the strait dropped to as few as six vessels on recent days, versus a rolling average near 13.

  17. New

    U.S. strikes Iranian tankers off Kharg Island

    U.S. forces struck three Iranian oil tankers off Kharg Island in response to earlier Revolutionary Guard attacks on U.S. warships.

  18. New

    Iran attacks tankers for using unauthorized route

    Iran said its forces targeted three oil tankers using an unauthorized route in the Strait of Hormuz, as well as three U.S.-linked vessels elsewhere.

  19. New

    Hormuz traffic collapses to 10-day average of 10 vessels

    Commodity vessel transits averaged 10 per day over 10 days, the lowest since May. Only two transited on Saturday and six on Sunday.

  20. New

    No VLCC has exited Hormuz since Wednesday

    No very large crude carrier has left the strait since Wednesday, reflecting intensified security risks.

  21. New

    Brent touches six-week high near $98

    Brent crude settled around $97.31 after an intraday high of about $98.06. Brent rose roughly 8% over the prior week and WTI nearly 10%.

  22. New

    U.S. destroys five Iranian oil tankers

    U.S. forces struck five Iranian crude oil tankers near Kharg Island and Jask after IRGC ballistic-missile attacks on two U.S. warships. Named vessels include M/T Downy and M/T Stark 1 (permanently disabled) and M/T Kylo (completely destroyed).

  23. New

    Iran retaliates, warns ships using unauthorized Hormuz route

    Iran's IRGC said it targeted three tankers using an unauthorized route through Hormuz and three U.S.-linked vessels elsewhere, warning other vessels they will be targeted if they follow the same route.

  24. New

    Hormuz traffic falls to seven vessels Monday

    Only seven commodity vessels transited the strait on Monday, compared with eight on Sunday, sustaining the near-freeze in tanker flows.

  25. New

    Brent touches $99.46, highest since July 24

    Brent crude briefly reached $99.46 per barrel on Tuesday as tanker strikes and Hormuz transit risks intensified.

  26. New

    U.S. strikes five more Iranian tankers

    US forces destroyed five Iranian crude oil tankers—Kaviz, Charminar, Horizon 1, Riesco and Derya—in the Gulf of Oman and near Kharg Island after the IRGC twice attempted ballistic missile attacks on a US Navy warship over the previous two days. CENTCOM said crews were directed to abandon ship before the strikes.

  27. New

    CENTCOM confirms no US warship hit

    US Central Command emphasized that no US Navy warship had been struck by Iranian missile attempts, calling Iranian claims of hits 'completely FALSE' and saying all attempted attacks failed.

  28. New

    Ten Iranian tankers destroyed since Sept. 5

    CENTCOM said US forces have now destroyed 10 Iranian tankers since September 5, describing them as part of a multibillion-dollar 'shadow network' used to fund the IRGC.

  29. New

    Brent crude settles above $100

    Brent crude settled above $100 per barrel on Tuesday, crossing the threshold for the first time since July 24 as the Middle East conflict escalated.

  30. New

    Hormuz traffic drops to six vessels

    Only six commodity vessels transited the Strait of Hormuz on Tuesday, down from nine on Monday and well below normal averages, according to Kpler data.

  31. NewContested

    Iran claims attack on 20 US vessels, Jordan base

    Iran's Revolutionary Guards claimed to have attacked 20 US vessels attempting to transit the Strait of Hormuz and struck a US base in Jordan in response to US tanker strikes. CENTCOM disputes Iranian claims of successful hits on US vessels.

Claim tracker

6 confirmed · 2 contested · 1 unverified

  • Confirmed

    US forces destroyed five Iranian crude oil tankers on September 8/9 after IRGC ballistic missile attacks on US warships

    Multiple outlets confirm US strikes on five tankers in response to attempted missile attacks. CENTCOM named the vessels as Kaviz, Charminar, Horizon 1, Riesco and Derya.

    13 agreeing
  • Confirmed

    The targeted tankers were struck in the Gulf of Oman and near Kharg Island

    CENTCOM and Iranian state media both report strikes in these locations.

    10 agreeing
  • Confirmed

    Crews were directed to abandon ship before the tankers were struck

    CENTCOM statements and multiple outlets confirm crews were ordered to evacuate.

    7 agreeing
  • Confirmed

    US forces have destroyed 10 Iranian tankers since September 5

    CENTCOM confirmed this total, describing the vessels as part of an IRGC shadow network.

    3 agreeing
  • Confirmed

    Brent crude settled above $100 per barrel on Tuesday

    Multiple outlets including Reuters confirm Brent crossed the $100 threshold.

    4 agreeing
  • Confirmed

    Only six commodity vessels transited the Strait of Hormuz on Tuesday

    Kpler data cited by Reuters, The New Arab and Al-Monitor confirm six vessels on Tuesday, down from nine Monday.

    3 agreeing
  • Contested

    No US Navy warship was struck by Iranian missile attempts

    CENTCOM called Iranian claims of hits 'completely FALSE,' but Iran's Revolutionary Guards claim to have attacked US vessels.

    2 agreeing · 1 conflicting
  • Contested

    Iran's Revolutionary Guards attacked 20 US vessels attempting to transit Hormuz

    Iranian claims, but CENTCOM says all attempted Iranian attacks failed and no US vessel was struck.

    2 agreeing · 1 conflicting
  • Unverified

    Iran struck a US base in Jordan in response to US tanker strikes

    Reported by BSS citing Revolutionary Guards and by Fox News, but no independent confirmation or detail on casualties or damage.

    2 agreeing

What we still don't know

  • What were the casualties or damage from Iran's claimed attack on the US base in Jordan?
  • How many Iranian ballistic missiles were launched in the two attempted attacks on the US warship, and how were they evaded or intercepted?
  • What is Iran's definition of the 'unauthorized route' through the Strait of Hormuz that it says justifies targeting vessels?
  • How sustainable is the current level of Hormuz traffic (six vessels per day) for global oil supply?
  • What is the total tonnage of Iranian crude capacity destroyed since September 5?

US–Israel war with Iran

Sources analysed

8 outlets in the analysed roster.

Ask me to verify a claim ✓