A significant maritime incident occurred near the Strait of Hormuz, involving the collision of two oil tankers that caught fire. The UAE coast guard successfully evacuated 24 crew members from the affected vessels. This event comes amidst rising tensions between Israel and Iran, leading to speculation about the safety of maritime operations in the Gulf of Oman. Reports indicate that multiple ships are ablaze, while authorities assert that the incident is not related to ongoing geopolitical conflicts. The situation has prompted a surge in fuel tanker rates and heightened vigilance among maritime operators in the region.