Iran Seizes Tankers in Strait of Hormuz

Posted by Kelly Burke on Jul 19, 2019 3:28:18 PM

BREAKING - Iran's Republican Guard has reportedly captured 2 oil Tankers in the Strait of Hormuz this afternoon, one tanker being British and the other Liberian flagged.

News broke of the first  around 1:30pm EST, the second being just announced 3:15pm EST. 

So far the market is up but not sharply, but it's unclear that the impact of news of a second vessel has hit yet. The obvious fear with multiple seizures is that Iran plans to deliver on the perpetual threat of closing the Strait of Hormuz, although it is obviously entirely too soon to make any such prediction. 

CNN is live updating on the unfolding situation, you can follow those updates here:  CNN - Iran Seizes Tankers in Strait of Hormuz

Topics: Iran, Straits of Hormuz

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