economy
March 12, 2026
Strike on Thai tanker in Strait of Hormuz may be message to the U.S., analyst says
March 12, 2026 / 11:00 AM EDT / CBS News
TL;DR
- A Thai-flagged tanker in the Strait of Hormuz was struck by a projectile, possibly an Iranian C-802 Noor missile.
- The strike shows Iran and its proxies can target ships without mining the strait.
- Iran has a large arsenal of missiles and drones, with many sent to Hezbollah.
- The Strait of Hormuz, through which 20% of global oil supply flows, is experiencing a virtual standstill.
- Oil prices rose over $100 a barrel, and stock markets showed losses.
- A Liberian-flagged vessel was also struck on the same day.
- A video appeared to show a missile strike on a U.S.-owned tanker, the Safesea Vishnu.
- Iran claims the Thai tanker was struck for ignoring warnings.
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