Early tanker reroutings toward Fujairah suggest parts of the shipping industry are positioning for a recovery in Gulf oil exports, even as major operators remain cautious about returning to the Strait of Hormuz.

LNG tanker nears Hormuz as US-Iran deal raises hopes for reopening the crucial waterway, impacting global gas prices.

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…