HORMUZ TRAFFIC SLOWS AS SHIPPERS STAY CAUTIOUS Tanker traffic through the Strait of Hormuz slowed Friday as shipowners remained wary despit…
HORMUZ TRAFFIC SLOWS AS SHIPPERS STAY CAUTIOUS
Tanker traffic through the Strait of Hormuz slowed Friday as shipowners remained wary despite a US‑Iran deal to ease a dual blockade. Some vessels resumed movement, but safety concerns, including possible mines and uncertain Iranian controls, kept many ships waiting. Around 40 VLCCs carrying nearly 80 million barrels of crude remain ready to sail if secure passage resumes.
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