Greek, Indian Tankers U-Turn Before Hormuz Amid Reopening Doubt
Five Greek and Indian tankers turned back after Iran gave conflicting signals on access through the Strait of Hormuz, while six ships carried about 8.3 million barrels.
- Six Greek and Indian tankers attempted to transit the Strait of Hormuz on Saturday before making a U-turn near the Persian Gulf, casting doubt on Iran's promise to keep the energy artery open.
- Iran stated the Strait was open, yet shipowners reported radio warnings late Friday that vessels required permission from the Iranian navy to pass through the chokepoint.
- The Nissos Keros holds about 1.8 million barrels of United Arab Emirates crude, while the Minerva Evropi carries more than 1 million barrels of Iraqi Basrah crude, with both idling near Qeshm.
- Bloomberg News could not confirm whether the U-turn resulted from a decision to abort transit or traffic control, while three liquefied petroleum gas carriers also turned toward the Gulf and Oman.
- Together, the six tankers hold about 8.3 million barrels of non-Iranian crude; successful transit would have marked the highest crude flows from the Gulf in a single day since the war started.
14 Articles
14 Articles
The six tankers are carrying approximately 8.3 million barrels of non-Iranian crude - Hormuz: The security environment is fluid and fears of new escalation
Greek, Indian Oil Tankers Reverse Near Hormuz Amid Iranian Vow Doubts
Dubai: Oil tankers from Greece and India have turned back in the Persian Gulf after attempting to pass through the Strait of Hormuz, reflecting chaos among shipowners and traders unsure if Iran will uphold its promise to keep the critical waterway open, Bloomberg reported. The reversals by five such vessels early on Saturday indicate initial traffic patterns at the energy lifeline, coming after Iran’s foreign minister declared on Friday that it …
Tankers U-Turn as the IRGC Says Strait of Hormuz is Closed: What Happens Next is Anyone’s Guess and Price Volatility Looks to Be Short Term - Energy News Beat
In a fluid and confusing situation that has maritime operators on edge, several tankers and cargo vessels executed abrupt U-turns in the Strait of Hormuz over the past 48 hours after Iran’s Islamic Revolutionary Guard Corps (IRGC) signaled a return to tight control of the waterway. While Iran’s foreign minister declared the strait “completely open” to commercial traffic on April 17 amid a fragile ceasefire linked to the Lebanon truce, the IRGC q…
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