A large backlog of oil tankers in the Persian Gulf has nearly cleared. This occurred after a ceasefire was signed between Iran and the United States. However, recent attacks on commercial vessels have renewed safety concerns. Shipowners now face renewed hesitation about navigating the vital oil corridor. This situation undermines confidence and delays a return to normal shipping operations.

Oil and LNG tanker traffic through the Strait of Hormuz is gradually recovering, but shifting routes, new Iranian transit policies, and heightened security risks continue to cloud…

Iran conflict disrupts global shipping as the Strait of Hormuz remains closed. Iran successfully targets shipping by July 15 at 97% YES.

Despite renewed U.S.-Iran military exchanges, some tankers continue transiting the Strait of Hormuz while others delay or reverse course as security risks intensify.

Renewed U.S.-Iran military clashes have sharply reduced tanker traffic through the Strait of Hormuz, sending oil prices higher and renewing fears of supply disruptions.

Iran's war with the US and Israel cleared a 400-600 ship tanker backlog in the Persian Gulf, but ceasefire collapse and crypto toll demands signal fresh

A large backlog of oil tankers in the Persian Gulf has nearly cleared. This occurred after a ceasefire was signed between Iran and the United States. However, recent attacks on…

By Jonathan SaulLONDON, July 9 (Reuters) - Oil tanker traffic through the Strait of Hormuz was at a near standstill on Thursday, according to data and sources, as shipping risks…

Oil has rallied more than 7% this week as investors worry that exports through Hormuz could plunge as the U.S. and Iran fight for control of the strait.

By Ahmed Elimam and Eman AbouhassiraDUBAI, July 10 (Reuters) - Daily tanker traffic in the Strait of Hormuz appeared to have slowed on Friday, after the U.S. and Iran exchanged…