A Mozambique-flagged tanker carrying 28 Indian crew was attacked in Iranian waters, with all crew reported safe as the 2026 Strait of Hormuz crisis keeps shipping security and market expectations under pressure.
A Mozambique-flagged LPG tanker carrying 28 Indian crew members was attacked in Iranian territorial waters near the Strait of Hormuz, with India's embassy in Iran saying all crew were safe. The incident adds to mounting disruption risks in the 2026 Strait of Hormuz crisis, a confrontation that has intensified concerns over commercial energy shipping through the chokepoint linking the Persian Gulf and the Gulf of Oman. Earlier reporting also cited conflicting claims from Iran's state broadcaster, which said a U.S. missile strike on an LPG tanker approaching the strait killed two crew members and disabled the vessel, though it remained unclear whether that report referred to the same ship identified by the Indian Embassy as the Meda. Market pricing cited in the latest update suggests traders see a lower chance of traffic normalizing in the strait by Aug. 31, with YES odds falling to 10.5%, while investors continue to watch for statements from Iran or the U.S., changes in vessel traffic status and moves in oil prices for signals on whether disruptions will persist.