Two supertankers and one liquefied natural gas (LNG) tanker exited the Strait of Hormuz earlier this week with their transponders switched off, and are heading for India and China, shipping data from LSEG and Kpler showed.The vessels joined a number of tankers leaving the Gulf this month, although oil and LNG traffic overall has still been limited.
A Chinese supertanker carrying two million barrels of Iraqi crude sailed through the Strait of Hormuz on Wednesday after being stranded in the Gulf for more than two months due to the U.S.-Iran war, LSEG and Kpler ship-tracking data showed.The VLCC Yuan Hua Hu is now anchored off the Gulf of Oman, near where the U.S. Navy has set up a blockade on Iranian vessels, LSEG data showed.
Panama-flagged tanker Idemitsu Maru, carrying 2 million barrels of Saudi oil, crossed the Strait of Hormuz, LSEG shipping data showed on Tuesday, becoming the first Japan-linked crude tanker to do so since the Iran war began.Before the U.S.-Iran conflict broke out on February 28 and disrupted Middle East crude oil and liquefied natural gas supplies
The U.S.-sanctioned tanker Rich Starry made its way back to the Strait of Hormuz on Wednesday after exiting the Gulf the day before, shipping data showed, failing to break through a U.S. blockade on vessels calling at Iranian ports.U.S. President Donald Trump announced the blockade on Sunday after weekend peace talks in Islamabad between the U.S. and Iran failed to reach a deal.
A third Iran-linked tanker was entering the Gulf via the Strait of Hormuz on Tuesday on the first full day of the U.S. blockade on vessels calling at Iranian ports, shipping data showed.U.S. President Donald Trump announced the blockade on Sunday after weekend peace talks in Islamabad between the U.S. and Iran failed to reach a deal.
Shippers on Wednesday said they needed more clarity on the terms of the U.S.-Iran ceasefire before resuming transit through the Strait of Hormuz, as Iran said the waterway remained closed to vessels sailing without a permit.The six‑week conflict had brought traffic through the strait - a chokepoint for about 20% of global oil and liquefied natural gas (LNG) shipments - close to a standstill
Supertanker costs in the Middle East have hit all-time highs, according to shipping data and industry sources on Tuesday, as the U.S.-Iran conflict intensifies with Tehran attacking ships passing through the Strait of Hormuz.Shipping through the Strait between Iran and Oman, which carries around one-fifth of oil consumed globally as well as large quantities of liquefied natural gas
Oil prices edged down after Oman said operations at Mina al Fahal port were proceeding normally, following a Reuters report that oil loadings had been suspended after an explosion.Brent crude futures LCOc1 fell 24 cents, or 0.25%, to $94.79 a barrel by 0704 GMT after settling down 2.84% in the previous session.U.S. West Texas Intermediate crude CLc1 was at $92.48 a barrel, down 56 cents, or 0.
Loading of a Taiwan-bound LNG tanker at the Inpex-operated 1605.T Ichthys plant in Australia has been delayed after a limited strike by workers disrupted operations at the terminal, according to the union and shipping data.The delay highlights supply risks from the facility that accounts for about 10% of LNG output in Australia
Oil prices jumped more than 2% on Thursday after Iran's Revolutionary Guards said they targeted a U.S. airbase in response to a U.S. attack in the port city of Bandar Abbas.Brent crude futures LCOc1 rose $2.34, or 2.48%, to $96.63 a barrel by 0701 GMT, while the more active August contract LCOc2 gained $2.24 or 2.43%, to $94.49. The July contract is set to expire on Friday.U.S.
Oil prices extended gains on Monday as efforts to end the Iran war appeared to have stalled, after a nuclear power plant in the United Arab Emirates came under attack and as U.S. President Donald Trump is expected to discuss military options on Iran.Brent crude futures LCOc1 climbed $1.65, or 1.51%, to $110.
Two oil tankers linked to Iran exited the Gulf on Monday via the Strait of Hormuz ahead of a planned U.S. blockade on Iranian ports and coastal areas, shipping data from Kpler and LSEG showed.The tanker Auroura is laden with Iranian oil products while the New Future tanker is carrying diesel loaded from the Hamriyah port in the United Arab Emirates, Kpler data showed.