All articles tagged with #tanker traffic
Following a US–Iran agreement to reopen the Strait of Hormuz, at least 20 tankers crossed on Thursday (25 ships total), the highest daily tally since June 2, as Iranian VLCCs resume transponder signals and most flows follow Iran’s designated route; traffic remains below prewar levels, and tolls are suspended for 60 days with talks planned on future tolls and lane governance.
U.S. Energy Secretary Chris Wright told CNN that normal tanker traffic through the Strait of Hormuz could return within a few weeks as Iran-related disruptions ease, with insurance plans and potential escort operations under consideration to restore global oil shipments and stabilize prices.
IRGC says the Strait of Hormuz is under Iran’s complete control as Trump vows to escort tankers, signaling possible disruption to global oil flows; the crisis has pushed Brent crude higher and prompted Pakistan to seek Red Sea routes via Yanbu to maintain energy supplies.