An Indian national remains missing after Iran attacked a commercial vessel in the Strait of Hormuz, according to reports from multiple wire services.
The Cyprus-flagged ship, GFS Galaxy, caught fire following the strike off the coast of Oman, forcing the crew to evacuate.
Ten crew members were rescued, but the incident underscores the deteriorating security environment in one of the world’s most critical energy corridors.
The attack represents a significant escalation in regional hostilities, coming as diplomatic efforts to stabilize the region face renewed pressure.
Iran and Oman are scheduled to resume security talks regarding the strait, but the strike on a commercial vessel signals a direct defiance of recent diplomatic overtures and increases the risk premium for maritime transit.
The incident follows a period of heightened tension, including previous exchanges of fire and the temporary closure of the strait, which had already disrupted global trade flows.
Markets are likely to react to the increased shipping risk, with Brent crude prices expected to reflect the heightened uncertainty around energy supplies.