- A tanker carrying 750,000 barrels of crude oil caught fire in the Strait of Hormuz, according to Fakti reporting dated Oct 12, 2026.
- Pakistan's refiners are seeking crude from Libya, the U.S., Nigeria, and Central Asia as the Middle East crisis threatens supply through the Strait of Hormuz and the Red Sea.
- Reuters reported on Oct 11, 2026 that oil prices fluctuated on Trump's Russian diesel comments and attacks on Saudi Arabia.
Quotes
“Tanker carrying 750,000 barrels of crude oil catches fire in Strait of Hormuz”
“the crisis in the Middle East that threatens supply from both the Strait of Hormuz and the Red Sea”