Reported Earlier: The Hormuz Letter Posted On X "Iran announces an oil tanker has caught fire in the US-backed southern Omani corridor of the Strait of Hormuz today, after hitting a naval mine."

Iran has announced that an oil tanker caught fire in the US-backed southern Omani corridor of the Strait of Hormuz after hitting a naval mine. This incident could have implications for oil supply routes and may affect market dynamics, particularly for oil-related stocks such as USO.