Al Rekayyat LNG tanker. Photo: Vesselfinder.comInfoOil climbs on fears of renewed risk to vesselsThe NationalJuly 07, 2026

Iran's Revolutionary Guards fired missiles at commercial ships transiting the Strait of Hormuz, causing significant damage but no casualties.

Oil prices rose toward $73 a barrel for Brent crude following the attacks, reflecting heightened fears over shipping disruptions.

A tanker, believed to be a Qatari LNG vessel, was struck on its port side, triggering an engine room fire with all crew reported safe.

Indirect US-Iran peace talks concluded last week without progress, despite a 60-day ceasefire meant to facilitate diplomacy.