Five dead and more than 700 injured in blast at key Iran port.

A powerful explosion struck the Shahid Rajaee port near Bandar Abbas on Saturday, killing at least five people and injuring more than 700 others, Firstpost reported.

The port's customs office said the explosion was most likely caused by a fire that broke out at a hazardous product and chemical storage depot. However, the specific cause is still being investigated.

Mehrdad Hasanzadeh, a provincial emergency management officer, revealed the most recent casualty estimates, noting that previous reports had recorded four deaths and over 500 injuries, as stated by Firstpost.

Shahid Rajaee, located 23 kms west of Bandar Abbas and more than 1,000 kms south of Tehran, is Iran's most advanced container terminal. It is located north of the Strait of Hormuz, an important marine route for global oil supplies.