An LNG tanker has begun heading toward the Strait of Hormuz following a preliminary U.S.-Iran agreement that could reopen the vital energy shipping route and ease pressure on global gas markets.

Shipowners are closely monitoring a potential US-Iran peace deal and its implications for the Strait of Hormuz. While some express caution, others anticipate a surge in activity…

Other movement around the strait – a vital waterway for global oil and gas – appears limited in the early hours of June 15. Read more at straitstimes.com. Read more at…

An LNG tanker is nearing the Strait of Hormuz as the US and Iran reportedly reach a deal to reopen the vital waterway. European natural gas and oil prices fell as traders…

A deal between the U.S. and Iran will reopen the vital Strait of Hormuz, easing global energy supply concerns. However, unresolved disputes mean future flare-ups are possible.…