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US-Iran tensions escalate amid vessel interceptions, explosions in Hormuz

China

China

China

US-Iran tensions escalate amid vessel interceptions, explosions in Hormuz

2026-07-18 11:26 Last Updated At:13:37

Tensions between the United States and Iran escalated in the past few hours amid multiple vessel interception and oil tanker explosions in the Strait of Hormuz.

The Navy of Iran's Islamic Revolutionary Guard Corps (IRGC) said in a statement on Saturday that it had stopped four "violating" vessels attempting to transit the Strait of Hormuz with U.S. support in the past few hours. The interception was carried out through a combined operation involving missiles and drones, according to the IRGC.

The IRGC Navy stressed that vessel owners must take seriously the warnings and statements issued by the Corps.

The IRGC also said that two oil tankers exploded and caught fire after passing through a mined route south of the Strait of Hormuz hours ago.

The IRGC Navy issued a warning that the Strait of Hormuz is now in an extremely dangerous state and has been completely closed due to malicious U.S. actions. It further stated that as long as U.S. aggression continues, the region will see no exports of fertilizer, nor even a single drop of oil and gas. The IRGC urged all vessels to avoid entering mined areas to protect property and, more importantly, ensure the safety of crew members.

On Friday local time, the U.S. Central Command said U.S. forces were strictly enforcing a naval blockade against Iran and maintaining a high state of alert.

According to the Central Command, since the blockade was reinstated on Tuesday, U.S. forces have forced four commercial vessels to change course, disabled one vessel, and boarded another for inspection over the past three days to ensure full compliance with the blockade regulations.

US-Iran tensions escalate amid vessel interceptions, explosions in Hormuz

US-Iran tensions escalate amid vessel interceptions, explosions in Hormuz

China's State Taxation Administration has introduced new measures to make departure tax refund services more digital and convenient for overseas visitors, according to a recent notice.

These measures will enable the electronic transfer of tax refund applications and sales invoices, supporting paperless processing throughout the entire refund procedure.

Beginning Sept. 1, 2026, participating tax refund stores will be able to upload overseas visitors' valid identification documents when issuing refund-upon-purchase applications, enabling refund agencies at the place of purchase to review departure tax refund documents online. Refund agencies at the point of departure will verify visitors' identity information and process the refunds in accordance with existing regulations. The administration will also promote pilot departure tax refund services at online stores and expand an existing information-entry QR code into a nationwide service code, allowing visitors to submit information and check refund details online.

The notice calls for a severe crackdown on illegal activities such as fraudulent proxy purchasing and the smuggling of tax-refunded goods back into the domestic market. Any tax refund store found to have participated in or organized such activities will be disqualified from offering departure tax refund services.

China further streamlines departure tax refund services

China further streamlines departure tax refund services

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