In a strategic pivot, two oil tankers are heading toward the Middle East in expectation of the Strait of Hormuzs reopening. Shipowners are gearing up for a bustling uptick in maritime commerce, as this vital corridor is on track to become operational again.

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…

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…