Iran's Revolutionary Guard announced that two oil tankers crossing the Strait of Hormuz exploded after hitting mines in this strategic waterway, according to AFP.

The Revolutionary Guard did not disclose the identity or nationality of the tankers in its statement, and details of material damage or casualties among the crews of the two vessels have not yet been clarified.

Strait of Hormuz... the world's oil artery

The Strait of Hormuz is considered one of the most vital waterways in the world, as about one-fifth of global crude oil supplies pass through it, making any incident in it have direct repercussions on international energy markets.

This incident comes amid escalating tensions in the Gulf region, while no statements have yet been issued by other international parties regarding the incident or determining responsibility for planting mines in the waterway.