According to CoinMeta, the Navy of the Islamic Revolutionary Guards of Iran stated that on the 12th local time, two oil tankers experienced an explosion while sailing through the Strait of Hormuz. Previously, the Navy of the Islamic Revolutionary Guards of Iran had issued multiple warnings, pointing out that the "southern route" they chose was illegal and unsafe, but these oil tankers ignored the warnings and were ultimately forced to suspend operations after the explosions. The Islamic Revolutionary Guards of Iran said that both ships were super tankers, carrying a total of over 4 million barrels of crude oil.