Key facts
- At least 15 container ships attacked by Iran in Strait of Hormuz in 10 days.
- One ship sunk on October 14, 2026, after hitting a mine.
- Brent crude oil prices neared $108 a barrel on Monday, October 19, 2026.
- Iranian president called regional wars 'ecocide' on October 16, 2026.
- Russian foreign minister offered mediation between Iran and US president.
Individuals and vessels are scouring the Strait of Hormuz for spilt cargo following a series of Iranian attacks on container ships over the past 10 days. At least 15 ships have been targeted by drones, mines, and rocket-propelled grenades, with one vessel sinking on October 14, 2026, after hitting a mine. The increased activity has led to a rise in Brent crude oil prices, nearing $108 a barrel on Monday morning. The Islamic Revolutionary Guard Corps asserts its right to attack ships transiting the strait without permission or with transponders off. Local fishermen have been warned against salvaging luxury goods from sunken vessels, which Iranian authorities claim belong to the state. Environmental experts have warned of significant threats to marine habitats from toxic debris and oil spills resulting from the attacks.