I was searching for some Tesla coil data when I stumbled onto this page.
http://205.243.100.155/frames/longarc.htm Down towards the middle is an mpeg of an arcing substation with the transformer finally exploding.
The transformer had to take a large amount of fault current before it finally overheated and blew. Unless that is normal operation of relief vents, the transformer looks like it burst open spewing an oil mist into the air being ignited by the nearby arcing.
It looks as if the intense heat from the oil fire probably surrounded the HV primary side conductors, making an easily ionized path to the other conductor or ground causing the fuse to finally blow.
Incredible sites in sounds in that mpeg.
John