A Saudi-flagged crude oil tanker and a Qatari LNG carrier sustained damage near the Strait of Hormuz after reports of Iranian missile fire. The LNG vessel, Al Rekayyat, sent distress signals after being hit on its port side, with its engine room catching fire. Crew members were evacuated, but the full extent of the damage remains unclear. A Saudi tanker, believed to be the Wedyan, was also damaged off Oman's coast.

These incidents highlight ongoing risks for maritime navigation in the crucial waterway, which handles a significant portion of global oil shipments. The Al Rekayyat is owned by Nakilat, a major LNG transporter, and the Wedyan by Saudi firm Bahri. The attacks, if confirmed to be Iranian, could escalate tensions and impact energy supply routes.

The damage to these vessels, particularly the LNG carrier, underscores the persistent dangers in the Strait of Hormuz, even with supposed safe passage provisions. Investors and businesses with exposure to Middle East energy markets will be closely watching for any further escalation or disruption to shipping, which could affect oil and gas prices.