Iran’s Islamic Revolutionary Guard Corps says two oil tankers caught fire after hitting naval mines in the Strait of Hormuz while using an unauthorized route.
Maritime strikes in the Strait of Hormuz reached a record high last week, slowing oil exports and prompting increased US military protection for commercial traffic.
Oil prices fell after President Trump said the US will not attack Iran before the November 3 midterm elections, easing fears of a wider conflict in the Middle East.