Oil tanker catches fire near Oman; 24 Indian seafarers safe
An empty oil tanker, MT Marivex, caught fire near Oman on Monday. All 24 Indian seafarers on board are safe. The vessel was outside the Strait of Hormuz when the incident occurred. The cause of the fire is under investigation. This event happened ...

The cause of the fire on the Madagascar-flagged vessel MT Marivex is yet to be determined, Opesh Kumar Sharma, director in the shipping ministry, said at a press briefing. The ship was well outside the Strait of Hormuz when the fire broke out, he added.
Iran and Israel exchanged attacks on Monday in a fresh escalation following the April ceasefire, prompting US President Donald Trump to urge both sides to de-escalate.
By evening, Iran had halted strikes but warned it would resume attacks if Israel targeted southern Lebanon again. Global oil benchmark Brent was trading around $95 per barrel on Monday evening, up 2% from the previous close, though it had surged 5% earlier in the day after direct strikes between Iran and Israel resumed.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.