Philippines Receives First Iranian Crude Cargo Since Hormuz Blockade

Philippines Receives First Iranian Crude Cargo Since Hormuz Blockade

The Philippines has received its first cargo of Iranian crude, Reuters reported on Friday, citing tanker-tracking data from Kpler and Vortexa. A Suezmax vessel capable of carrying up to 1 million barrels of crude that departed from Iran's Kharg Island in late March made a ship-to-ship transfer offshore Singapore onto another tanker, which delivered the oil to the Bataan refinery in the Philippines in the middle of May, according to the data. The…

Philippines Receives First Iranian Crude Cargo Since Hormuz Blockade - Energy News Beat

May 29, 2026 The Philippines has received its first cargo of Iranian crude oil since the disruption of the Strait of Hormuz, marking a notable development in the country’s efforts to secure energy supplies amid ongoing global oil market volatility, according to tanker-tracking data from Kpler and Vortexa reported by Reuters, a Suezmax vessel carrying up to 1 million barrels departed from Iran’s Kharg Island in late March. It performed a ship-to-…