• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
Nairametrics
Home Business News

US submarine sinks Iranian warship, 148 sailors missing in Indian Ocean

Israel Ojoko by Israel Ojoko
March 4, 2026
in Business News
US submarine sinks Iranian warship, 148 sailors missing in Indian Ocean
Share on FacebookShare on TwitterShare on Linkedin

An American military submarine has sunk an Iranian warship off the coast of Sri Lanka, leaving nearly 150 sailors feared dead in the Indian Ocean.

The incident occurred approximately 25 miles south of the island, with US Defense Secretary Pete Hegseth confirming the attack on Wednesday.

According to multiple US officials, the explosion of the IRIS Dena was caused by submarine fire.

MoreStories

ECOWAS Bank issues N175 billion bonds to boost economy of West African countries

ECOWAS opens recruitment, sets April 30 deadline for applications

April 2, 2026
Olubunmi Tunji-Ojo

FG declares Friday, Monday as public holidays for Easter

April 1, 2026

While 32 individuals were rescued by Sri Lanka’s navy, 148 sailors remain missing.

What they are saying 

Hegseth did not name the Iranian vessel involved, but Sri Lankan navy spokesman Commander Buddhika Sampath reported that bodies were recovered from the sea near the incident site.

  • “Thirty-two people were rescued and are now being treated in a hospital in Galle, a southern port city,” Sampath stated.

The Sri Lankan navy had received a distress call from the Iranian warship and coordinated a rescue operation with the Sri Lankan air force.

  • “Rescue boats that reached the site only observed an oil slick and no ship,” Sampath added.

Although the incident took place outside Sri Lankan waters, the Sri Lankan government remained committed to supporting the rescue efforts. Sampath stated that search operations would continue as long as there was hope of rescuing more survivors.

Backstory 

The sinking comes amid escalating tensions in the Middle East. On Tuesday, Iran launched drones targeting the U.S. Embassy in Riyadh, intensifying hostilities between Iran, the US, and Israel.

  • This conflict, which began on Saturday, has resulted in the deaths of senior Iranian leaders and continues to escalate.
  • The Saudi Ministry of Defence confirmed that two drones struck the U.S. Embassy in Riyadh, causing minor damage.

A separate attack targeted the U.S. Embassy in Kuwait, which has been closed indefinitely.

In response to the growing threats, the US Department of State has ordered the evacuation of non-essential personnel and families from several Middle Eastern countries, including Kuwait, Bahrain, and Iraq.

More insights 

The conflict has also led to a broader military engagement, with NATO intercepting an Iranian missile heading towards Turkey. Violence from the US-Israel war with Iran has spread beyond the Middle East, affecting global security.

Israeli officials have vowed to assassinate Iran’s next supreme leader as the country faces uncertainty over the succession of Ayatollah Khamenei, whose funeral was postponed amidst new airstrikes in Tehran.

Iranian drones also targeted the U.S. consulate in Dubai, causing a fire, while a missile strike hit the largest U.S. military base in Qatar.

What you should know 

The escalation of violence has disrupted global energy markets. In response to the growing instability, French President Emmanuel Macron ordered the deployment of an aircraft carrier to the Mediterranean to secure vital maritime routes.

Macron’s statement comes as soaring energy prices reflect the uncertainty caused by the ongoing conflict.

European gas prices have surged by 70% since Friday, raising concerns over the duration and impact of the conflict on global energy supply.


Add Nairametrics on Google News
Follow us for Breaking News and Market Intelligence.
Israel Ojoko

Israel Ojoko

Israel Ojoko is a dynamic journalist renowned for his in-depth coverage and insightful analysis on a diverse range of topics. With a keen eye for detail and a passion for storytelling, Israel has penned impactful articles on the economy, political developments, fintech, and cybersecurity, among many others. His dedication to uncovering the multifaceted narratives has established him as a trusted voice and influential figure in contemporary journalism.

Next Post
15% Fuel Import Duty: PETROAN urges regulators to prevent monopoly in oil market

Dangote’s PMS price hike will affect economy – PETROAN

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

rabafast

nairametrics




DUNS

Follow us on social media:

  • HOME
  • ABOUT NAIRAMETRICS
  • CONTACT US
  • DISCLAIMER
  • ADs DISCLAIMER
  • COPYRIGHT INFRINGEMENT

© 2026 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Login
  • Sign Up

© 2026 Nairametrics