2 Tankers Attacked & Burning; #Oil Disruption Is Called Worst in History

The #IRGC claimed responsibility for attacking 1 of the 2 tankers off #Iraq’s coast, a Marshall Islands-flagged ship that Iraqi ofcls said was owned by a #US company. In a statement cited by #Iran state media, the Guards said the ship had “disobeyed & ignored” warnings. US #Energy Secy Chris Wright told CNBC the US Navy was not ready to begin escorting ships through the #StraitOfHormuz.

#TrumpsWar
cnbc.com/2026/03/12/energy-sec…

Energy Secretary Wright says U.S. 'not ready' to escort oil tankers through Strait of Hormuz yet

Tanker traffic through the strait remains at a standstill as ship owners fear attacks by Iran. The closure has triggered the largest oil supply disruption ever.

^{Spencer Kimball (CNBC)}