Connect with us

Hi, what are you looking for?

Economy

Iran seizes oil tankers, threatens ‘massacre’ in Strait of Hormuz, hours before US talks

Iran seized two foreign oil tankers in the Persian Gulf Thursday, accusing them of smuggling fuel and detaining 15 foreign crew members ahead of high-stakes U.S.–Iran talks Friday in Oman.

Iran’s Islamic Revolutionary Guard Corps (IRGC) navy said it intercepted the two ships near Farsi Island, claiming they were carrying about 1 million liters of smuggled fuel, Reuters reported.

The crews, made up of 15 foreign nationals, were taken into custody and referred to Iran’s judicial authorities, according to Iranian state media.

The IRGC alleged the vessels were part of an organized fuel-smuggling network that had been operating in the region for several months.

Iranian officials said the ships were identified through intelligence monitoring and seized during coordinated naval operations in the Persian Gulf, a vital artery for global energy markets.

According to The Jerusalem Post, Iranian authorities framed the operation as a significant blow to illegal fuel trafficking, though they did not immediately disclose the vessels’ nationalities or destinations.

The seizures come as Iranian rhetoric toward the U.S. has grown hostile.

Ezzatollah Zarghami, a former Iranian minister and ex–state broadcaster chief, issued a warning, threatening violence in the Strait of Hormuz, through which around one-fifth of the world’s oil and petroleum product consumption passes.

‘I am sure that the Strait of Hormuz will be the place of massacre and hell for the U.S.,’ Zarghami said Thursday.

‘Iran will show that the Strait of Hormuz has historically belonged to Iran. The only thing the Americans can think of is playing with their vessels and moving them from one place to another.’

Zarghami later repeated the threat, calling the Strait a potential ‘killing field’ for American forces and signaling Iran’s willingness to escalate amid mounting regional pressure.

Special envoy Steve Witkoff and Jared Kushner are scheduled to meet Iranian officials in Oman Friday.

The pair are traveling from Abu Dhabi after two days of talks related to Russia and Ukraine.

White House press secretary Karoline Leavitt confirmed Thursday that Friday’s talks were still on, stating ‘diplomacy is always [Trump’s] first option.’

This post appeared first on FOX NEWS

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.






    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Economy

    Top House Republicans are leading a bill to reverse the Biden administration’s decision to lift sanctions on a Chinese entity linked to the persecution...

    Editor's Pick

    The rise of Asian fast fashion retailer Shein already has Amazon on alert, but its plans of selling proprietary supply-chain technology and services to...

    Economy

    Minnesota Gov. Tim Walz is facing scrutiny from Republicans over what they say are pro-China remarks, including an interview in which the Democratic vice...

    Economy

    Ahead of a planned trip to China this week, U.S. Secretary of State Antony Blinken is reported to have alleged that Beijing is still...

    Disclaimer: Smartmerchantknow.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2026 smartmerchantknow.com