Fire Breaks Out on Oil Tanker Near Oman, All Crew Safe
Oil tanker catches fire near Oman; 24 Indian seafarers safe
The Economic TimesImage: The Economic Times
An empty oil tanker, MT Marivex, caught fire near Oman on Monday, with all 24 Indian seafarers aboard reported safe. The cause of the fire is under investigation, occurring amidst escalating tensions between Iran and Israel.
- 01The oil tanker MT Marivex, flagged from Madagascar, caught fire while located outside the Strait of Hormuz.
- 02All 24 Indian seafarers on board were reported safe following the incident.
- 03The cause of the fire is still unknown, according to Opesh Kumar Sharma from the shipping ministry.
- 04The incident occurred amid heightened tensions between Iran and Israel, which resumed attacks on the same day.
- 05Global oil prices increased by 2% to around $95 per barrel following the escalation in attacks.
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On Monday afternoon, the Madagascar-flagged oil tanker MT Marivex caught fire near Oman. Fortunately, all 24 Indian seafarers aboard the vessel are reported safe. Opesh Kumar Sharma, a director in the shipping ministry, stated that the cause of the fire is still under investigation. The tanker was positioned well outside the Strait of Hormuz when the fire ignited. This incident comes amid renewed hostilities between Iran and Israel, which have escalated following a ceasefire in April. On the same day, both nations exchanged attacks, prompting U.S. President Donald Trump to call for de-escalation. By the evening, Iran ceased its strikes but warned of a potential resumption if Israel targeted southern Lebanon again. The geopolitical tensions have influenced global oil markets, with the benchmark Brent crude trading around $95 per barrel, reflecting a 2% increase from the previous close, although it had surged by 5% earlier in the day due to the renewed conflict.
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The safety of the 24 Indian seafarers ensures no immediate local impact on families or communities.
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