Can't validate the source, but reports of a catastrophic mine strike in th Gulf.
TEHRAN, Jul. 26 (MNA) – An oil tanker in the Strait of Hormuz, which had turned off its radar system, exploded after hitting a mine in the Strait of Hormuz.
en.mehrnews.com
Mehr is state sponsored Iranian media. This isn’t the first time Iranian media has claimed a mine strike. I’ll wait for better sources, personally. If it’s legit, UKMTO will be all over this.
Iran/US more generally- we’re now a few nights seemingly without US strikes. NYT has reported (I don’t have a non-paywall copy) that the U.S. administration has grown very concerned about interceptor stocks, which is something we’ve been talking about here for months. Might be that Iran’s ability to slip missiles through and kill some Americans, in conjunction with dwindling interception capability, is giving the Americans pause. I also speculate that after the Kuwaitis took a few hits on power/desalination plants, the Gulf states may be getting a bit desperate to curb escalation.
The Strait of Hormuz remains for the most part functionally closed. There will be shipping getting through as smaller tankers slip by and then do shit to ship transfers in the Gulf of Oman, but wholesale shipping of oil out of the gulf remains heavily constricted.
The geopolitical concerns about reduced oil supply have not gone away. The sorta-ceasefire let tens of millions of barrels out, but that was applying pressure to the wound, not stopping the bleeding. Now we’re back to square one.
Iran, so far, has been resilient to U.S. efforts to force a reopening of the strait by military means. They have demonstrated they can still kill Americans and hit critical infrastructure, and I think they’ve consolidated on a decent strategic position here. If they continue to keep the strait choked off, they can probably force concessions that stick.
Not how any of us wanted to see this go, but it is in line with what some of us have been predicting. Mutually assured destruction of critical infrastructure, and limitations in magazine depth do not appear to have been adequately considered and anticipated by the U.S. administration.