Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Iran war set to determine India’s trade route to Europe

March 12, 2026

Historic oil‑release plans signal Middle East war could drag on for months

March 12, 2026

Quit fossil fuels to stem deadly floods in Brazil’s coffee heartland, say scientists | Extreme weather

March 12, 2026
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » Two Oil Tankers Set Ablaze Near Iraq’s Key Export Terminals
OPEC Announcements

Two Oil Tankers Set Ablaze Near Iraq’s Key Export Terminals

omc_adminBy omc_adminMarch 12, 2026No Comments2 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


Two oil tankers carrying Iraqi oil products caught fire Wednesday after being struck in Iraqi territorial waters near the country’s southern export terminals, according to Iraqi port officials and multiple media reports.

The vessels, Vishnu, a Marshall Islands-flagged tanker chartered to an Iraqi company, and Zefyros, a Malta-flagged tanker transporting condensate from the Basra Gas Company, were operating near Iraq’s Al-Faw port area close to Basra when the incident occurred.

Iraq’s director general of the General Company for Ports, Farhan al-Fartousi, told CNN that 38 crew members, all of whom were foreign nationals, were rescued from the tankers carrying Iraqi fuel oil.

Iraq’s state oil marketer SOMO told CNN the vessels were attacked “while present in the sideloading area within Iraqi territorial waters.”

Iran claimed responsibility for the attacks via state media, saying an underwater drone attack “blew up two oil tankers in the Persian Gulf tonight.”

Footage circulating on social media shows thick black smoke rising from the tankers as flames spread across the decks and surrounding water.

UPDATE: 2 oil tankers are on fire after being attacked in the Persian Gulf off Iraq, according to Reuters. It’s unclear who carried out the attack. pic.twitter.com/6pHBKn6zcv

— BNO News Live (@BNODesk) March 11, 2026

The tankers could have been carrying up to 400,000 barrels of Iraqi oil and condensate combined, and the attack triggered leaks of fuel into the surrounding waters.

Following the incident, Iraqi authorities temporarily halted operations at the country’s oil export ports, although commercial ports remained open.

The attack comes amid a sharp rise in maritime incidents across the Persian Gulf as tensions escalate between Iran, the United States, and Israel. At least 14 vessels have been struck in recent weeks, with three confirmed strikes on Wednesday as the conflict continues to escalate.

Oil prices continued to rally despite the announcement by the IEA of a record-breaking reserve release.

By Josh Owens for Oilprice.com

More Top Reads From Oilprice.com





Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

Oil Prices Surge Despite Record-Breaking Strategic Reserve Release

March 11, 2026

Iran Warns Oil Could Hit $200 per Barrel as Hormuz Threat Escalates

March 11, 2026

Aramco Asks Asian Buyers for Dual Red Sea-Hormuz Oil Supply Plans

March 11, 2026
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Federal Reserve cuts key rate for first time this year

September 17, 202513 Views

Inflation or jobs: Federal Reserve officials are divided over competing concerns

August 14, 20259 Views

Cheap parcels from China will no longer be duty-free. Here’s what it means for buyers and sellers

May 1, 20259 Views
Don't Miss

U.S. Gulf lease sale draws $47 million in bids for 25 offshore blocks

By omc_adminMarch 11, 2026

(WO) — The U.S. Department of the Interior’s Bureau of Ocean Energy Management (BOEM) generated…

Shell, LNG suppliers declare force majeure on Qatari LNG contracts

March 11, 2026

TotalEnergies launches Lapa South-West project offshore Brazil

March 11, 2026

Major 3D seismic survey planned offshore Guyana to de-risk exploration

March 11, 2026
Top Trending

Quit fossil fuels to stem deadly floods in Brazil’s coffee heartland, say scientists | Extreme weather

By omc_adminMarch 12, 2026

HSBC Sustainable Finance Activity Tops $100 Billion in 2025

By omc_adminMarch 11, 2026

Australian governments subsidising fossil fuel use by more than $30,000 a minute, analysis finds | Fossil fuels

By omc_adminMarch 11, 2026
Most Popular

The 5 Best 65-Inch TVs of 2025

July 3, 202518 Views

AI’s Next Bottleneck Isn’t Just Chips — It’s the Power Grid: Goldman

November 14, 202514 Views

The Layoffs List of 2025: Meta, Microsoft, Block, and More

May 9, 202510 Views
Our Picks

Eco Atlantic to acquire JHI, gain Falklands, Guyana offshore stakes

March 11, 2026

Refiners Hold Off Buying Oil as Prices Surge

March 11, 2026

Crude Settles Higher as Conflict Grows

March 11, 2026

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2026 oilmarketcap. Designed by oilmarketcap.

Type above and press Enter to search. Press Esc to cancel.