A powerful explosion has been reported on Iran's Hengam Island, located within the Strait of Hormuz.
The incident was first reported by the Iranian news agency IRNA, with the Russian state news agency TASS and Norwegian outlet Dagbladet subsequently confirming the event.
No immediate details regarding casualties or the specific cause of the blast were provided in initial reports.
The development intensifies concerns over the security of one of the world's most critical energy transit routes.
Hengam Island is a strategic location within the narrow waterway, and any disruption there poses direct risks to tanker traffic and global oil flows.
Markets are likely to monitor the situation closely for signs of further escalation or operational impacts on shipping lanes.