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VLCC market adapts as Hormuz closure reshapes global crude flows
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VLCC market adapts as Hormuz closure reshapes global crude flows
Mette Frederiksen, head of research and insight at Tankers International, writes for Splash on an eventful, historic Q2 for VLCCs. The second quarter of 2026 will be remembered less for freight cycles than for the event that overshadowed them all: the effective closure of the Strait of Hormuz. The world’s most consequential oil chokepoint remained …
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