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

Guest Post: Is Efficiency Misunderstood?

November 25, 2025

Ferrari Secures 10 Year Renewable Power Deal with Shell

November 25, 2025

Oil Prices Sink as Ukraine Agrees to Peace Deal

November 25, 2025
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 » Fires extinguished at key Iran port as explosion death toll rises to 70 | Oil and Gas News
Investor Sentiment

Fires extinguished at key Iran port as explosion death toll rises to 70 | Oil and Gas News

omc_adminBy omc_adminApril 28, 2025No Comments3 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


Interior Minister Eskandar Momeni says the ‘culprits have been identified’ and the explosion was caused by ‘negligence’.

Fires at Iran’s largest commercial port, Bandar Abbas, have been extinguished two days after a massive explosion killed at least 70 people and injured more than 1,000, Iranian state media has reported, as questions linger as to the blast’s cause.

Only “120 wounded are still in hospital”, Interior Minister Eskandar Momeni, who is visiting the affected area, told state TV on Monday.

The blast took place on Saturday at Shahid Rajaei Port in Iran’s south near the strategic Strait of Hormuz, a waterway through which one-fifth of global oil output passes.

Earlier, before the fires were put out, Iran’s state TV showed images of firefighters dousing the flames, saying the damage would be assessed after the fire is fully brought under control.

Heavy charcoal-black smoke continued to billow over low flames at part of the site, above which a firefighting helicopter flew, pictures from the Iranian Red Crescent showed.

What caused the blast?

It was not immediately clear what caused the explosion, but the port’s customs office said it likely resulted from a fire that broke out at a depot storing hazardous chemical materials.

Momeni said on Monday that “culprits have been identified and summoned”, and that the blast was caused by “shortcomings, including noncompliance with safety precautions and negligence”.

Iran’s Supreme Leader Ayatollah Ali Khamenei has ordered a thorough investigation into the incident.

In the face of external and expert speculation, Iran has denied reports that the blast was caused by a shipment of missile fuel.

National day of mourning declared

On Sunday, President Masoud Pezeshkian visited hospitals treating the wounded in Bandar Abbas. Since the explosion, authorities have ordered all schools and offices in the area closed and urged residents to avoid going outside “until further notice” and use protective masks when doing so.

Authorities declared Monday a national day of mourning, while three days of mourning began on Sunday in Hormozgan province.

The explosion took place as Iranian and US delegations met in Oman for high-level talks on Tehran’s nuclear programme, with both sides reporting progress.

While Iranian authorities so far appear to be treating the explosion as an accident, it also comes against a backdrop of years of shadow war with regional enemy Israel. Iran has in the past accused Israel of being behind such attacks.

According to The Washington Post, Israel launched a cyberattack targeting the Shahid Rajaei Port in 2020.



Source link

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

Related Posts

South Sudan on edge as Sudan’s war threatens vital oil industry | Sudan war News

May 21, 2025

Russia detains Greek oil tanker after it departs Estonian port | Oil and Gas News

May 18, 2025

Halliburton reports reduced North America drilling demand, warns of tariffs | Oil and Gas

April 22, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

LPG sales grow 5.1% in FY25, 43.6 lakh new customers enrolled, ET EnergyWorld

May 16, 20255 Views

South Sudan on edge as Sudan’s war threatens vital oil industry | Sudan war News

May 21, 20254 Views

Trump’s 100 days, AI bubble, volatility: Market Takeaways

December 16, 20074 Views
Don't Miss

Ferrari Secures 10 Year Renewable Power Deal with Shell

By omc_adminNovember 25, 2025

Shell to deliver 650 GWh of renewable electricity to Ferrari through 2034, covering nearly half…

Air Liquide Launches World First Industrial Ammonia to Hydrogen Unit

November 25, 2025

What Price Will USA NatGas Average This Winter?

November 25, 2025

Diversified completes $550 million Canvas Energy acquisition, boosting Oklahoma production

November 24, 2025
Top Trending

Guest Post: Is Efficiency Misunderstood?

By omc_adminNovember 25, 2025

Sortera Raises $45 Million to Scale AI-Powered Metal Recycling Capacity

By omc_adminNovember 25, 2025

UK can create 5,400 jobs if it stops plastic waste exports, report finds | Plastics

By omc_adminNovember 25, 2025
Most Popular

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

May 9, 202510 Views

‘Looksmaxxing’ on ChatGPT Rated Me a ‘Mid-Tier Becky.’ Be Careful.

June 3, 20256 Views

Ring Founder on ‘Tough Day’ of AWS Outage: ‘We Got Through It’

October 24, 20253 Views
Our Picks

Ukraine Hits Russian Black Sea Oil Infrastructure Again

November 25, 2025

The Career Center for Oil & Gas Professionals

November 25, 2025

Lukoil Gas Stations in USA See Disruptions for Card Payments

November 25, 2025

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
© 2025 oilmarketcap. Designed by oilmarketcap.

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