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    Home > Headlines > Gas leak caused blast in Iran's Bandar Abbas, Iranian media say
    Headlines

    Gas leak caused blast in Iran's Bandar Abbas, Iranian media say

    Published by Global Banking & Finance Review®

    Posted on January 31, 2026

    3 min read

    Last updated: January 31, 2026

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    Tags:insurancefinancial crisisinternational financial institutioneconomic growthInvestment management

    Quick Summary

    An explosion at Iran's Bandar Abbas port was reported by media, with no cause identified. Revolutionary Guard denies involvement.

    Table of Contents

    • Overview of the Explosion Incident
    • Casualties and Damage
    • Political Context and Reactions
    • Previous Incidents in Bandar Abbas

    Gas leak caused blast in Iran's Bandar Abbas, Iranian media say

    Overview of the Explosion Incident

    Jan 31 (Reuters) - An explosion that hit a building in the southern Iranian port city of Bandar Abbas on Saturday was caused by a gas leak, according to a preliminary assessment, the local head of the fire department said.

    Casualties and Damage

    Earlier, Iranian state media reported that at least one person had been killed and 14 injured in the blast, which comes amid heightened tensions between Tehran and Washington over Iran's crackdown earlier this month on nationwide protests and over the country's nuclear programme.

    Political Context and Reactions

    "This (gas leak and accumulation) is the preliminary assessment. My colleagues will give more details in the next few hours," Mohammad Amin Liaqat, the fire department chief, said in a video published by Iran's semi-official Mehr news agency.

    Previous Incidents in Bandar Abbas

    A video published on social media showed people standing among debris and wrecked cars in front of a damaged building following the explosion.

    Reuters was able to verify the location by analysing buildings, trees, and road layout, which matched satellite and file imagery. Reuters could not independently verify the date the video was filmed.

    Separately, four people were killed after another gas explosion in the city of Ahvaz near the Iraqi border, according to state-run Tehran Times. No further information was immediately available.

    NERVES STRAINED AS TRUMP PILES PRESSURE ON IRAN

    The explosions highlighted the jittery mood prevailing in Iran amid its clerical rulers' standoff with the Trump administration.

    Before the reports of the two blasts on Saturday, Iranian President Masoud Pezeshkian accused U.S., Israeli and European leaders of exploiting Iran's economic problems, inciting unrest and providing people with the means to "tear the nation apart”.

    The semi-official Tasnim news agency said social media reports alleging that a Revolutionary Guard navy commander had been targeted in the Bandar Abbas explosion were "completely false".

    Two Israeli officials told Reuters that Israel was not involved in Saturday's blasts. The Pentagon did not immediately respond to a request for comment.

    U.S. President Donald Trump said on January 22 an "armada" was heading toward Iran. Multiple sources said on Friday that Trump was weighing options against Iran that include targeted strikes on security forces.

    Bandar Abbas, home to Iran's most important container port, lies on the Strait of Hormuz, a vital waterway between Iran and Oman which handles about a fifth of the world's seaborne oil.

    The port suffered a major explosion last April that killed dozens and injured over 1,000 people. An investigative committee at the time blamed the blast on shortcomings in adherence to principles of civil defence and security.

    Iran has been rocked by nationwide protests that erupted in December over economic hardship and have posed one of the toughest challenges to the country's clerical rulers.

    U.S.-based rights group HRANA has said at least 6,500 people were killed in the protests, including hundreds of security personnel.

    (Reporting by Dubai Newsroom and Menna Alaa El-Din and Enas Alashray in Cairo; Additional reporting by Phil Stewart in Washington and Edward Carronin London; Editing by Gareth Jones)

    Key Takeaways

    • •An explosion occurred at Bandar Abbas port in Iran.
    • •The cause of the explosion remains unknown.
    • •Revolutionary Guard denies any involvement.
    • •Social media reports of a targeted attack are false.
    • •The incident was reported by Iranian media.

    Frequently Asked Questions about Gas leak caused blast in Iran's Bandar Abbas, Iranian media say

    1What is insurance?

    Insurance is a financial product that provides protection against financial loss or risk. It involves the transfer of risk from an individual or entity to an insurance company in exchange for premium payments.

    2What is a financial crisis?

    A financial crisis is a situation in which the value of financial institutions or assets drops significantly. It can lead to a loss of confidence in the financial system, resulting in economic downturns.

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