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Sept. 18: Iran says it struck Togo-flagged tanker Trend in the Strait of Hormuz

On September 18, 2026 Iran’s Revolutionary Guard and UKMTO-linked reports described an attack on a commercial vessel in the Strait of Hormuz; Iranian state media said the Togo-flagged oil tanker Trend was struck and caught fire, while UKMTO reported a separate tanker hit by an unknown projectile the same day.

On September 18, 2026 Iran’s Revolutionary Guard and UKMTO-linked reports described an attack on a commercial vessel in the Strait of Hormuz; Iranian state media said the Togo-flagged oil tanker Trend was struck and caught fire, while UKMTO reported a separate tanker hit by an unknown projectile the same day.

Security incidents in the Strait of Hormuz typically lift short-term oil and shipping risk premia and raise freight costs. That benefits African oil exporters receiving higher receipts in local-currency terms, while net importers face higher import bills, reserve drain and potential sovereign/corporate spread pressure. The direction of FX and sovereign spreads will depend on how long disruption and insurance-cost increases persist and on benchmark yield moves.

UKMTO or Iranian authorities to publish vessel-identifying details or confirmation of whether the reports refer to the same struck vessel.

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Further independent confirmation is required.

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