LNG Tanker Heads for Hormuz Amid News of Reopening
Shipowners await details as 38 Japanese-linked vessels remain stranded and gas prices ease on hopes the corridor will reopen.
- On Monday, June 15, 2026, India's Petronet sent a liquefied natural gas tanker, The Disha, toward the Strait of Hormuz to test whether the U.S.-Iran peace deal is genuine.
- Global oil prices fell about 4% on Monday as the United States and Iran prepare to sign a memorandum of understanding this Friday in Switzerland, outlining steps to resume shipping.
- The Japanese Shipowners Association stated it wants 'more concrete information' before allowing 38 Japanese-linked vessels to pass through the strait, citing concerns over potential mines in the area.
- Anoop Singh, global head of shipping research at Oil Brokerage, noted that traffic could resolve in 8–10 days under unrestricted navigation, though physical freight rates will likely remain elevated.
- University of Houston energy economist Ed Hirs cautioned that damage to energy infrastructure and depleted inventories could keep supplies tight for months, meaning prices might not fall immediately despite the ceasefire.
23 Articles
23 Articles
The first tanker carrying liquefied natural gas passed through the Strait of Hormuz after the United States and Iran announced a deal on Sunday. But normal traffic through the key shipping lane has not yet resumed. Nearly 600 ships remain in the Persian Gulf, and shipowners want to know if the narrow waterway is truly safe.
Diplomatic channels stipulate a deadline of up to one month to normalize maritime traffic in the region; nuclear discussions will continue.
The memorandum focuses on the reopening of Ormuz, the Iranian nuclear program and the end of the war in the region, although both sides have revealed contradictory details of the pact.
Shipowners are awaiting more clarity regarding a possible reopening of the Strait of Hormuz. According to Pakistani Prime Minister Shehbaz Sharif, a peace agreement between the US and Iran will be signed on Friday. US President Donald Trump announced that the important strait will reopen on the same day. Shipowners told Bloomberg news agency that they are waiting for more details on whether safe passage is actually possible.
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