Explosions reported near Strait of Hormuz on Qeshm Island

Multiple explosions were heard near Masan village on Qeshm Island and four near the Strait of Hormuz, according to Iranian state media IRIB. The cause and extent of damage are unconfirmed, and it is unclear whether this is an attack, an accident, or a military exercise. Given the strategic location, any disruption to shipping in the Strait of Hormuz would have significant global energy market implications.