An LNG tanker loaded in Qatar is approaching the Strait of Hormuz, signalling a possible revival in traffic after a temporary US-Iran peace deal. The vessel, Mraikh, has been stranded in the Persian Gulf since February and is now headed toward Pakistan. The move comes as Trump announced a deal to reopen Hormuz, whose closure had disrupted nearly 20% of global LNG supplies.

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…

Energy shipments in the Gulf have once again resumed sailing, after the US and Iran signed an interim agreement. After months of disruptions to the Strait of Hormuz, activity…