An Iranian oil tanker was reportedly hit by missiles close to the coast of Saudi Arabia

• An Iranian oil tanker was hit by missiles while sailing through the Red Sea close to the coast of Saudi Arabia Friday, Iranian media reported.
• According to state news agency IRNA, the tanker, named as the SABITY, was hit while sailing around 60 miles from the Saudi Arabian port city of Jeddah.
• The cause or source of the incident is currently unclear, Iranian media reported.
• Visit Business Insider's homepage for more stories.

An Iranian oil tanker was hit by two missiles while sailing through the Red Sea close to the coast of Saudi Arabia Friday, Iranian media reported.

According to state news agency IRNA,the tanker, named as the SABITY, was hit by missiles while sailing around 60 miles from the Saudi Arabian port city of Jeddah.

The incident was also confirmed by Iranian TV network Press TV, which tweeted: "Iranian tanker set ablaze near Saudi #Jeddah possibly after being hit by 2 missiles."

Iranian news reports said that "only the body of the ship" was damaged in the incident, citing the Public Relations and International Affairs Department of National Iranian Oil Company.

"Fortunately, all crew on board are safe and sound and the ship is in a stable condition," IRNA said.

Investigators are working to determine the cause or source of the incident, it added.

More follows ...