Oil and LNG Tankers Leave Strait of Hormuz for Asia
Several tankers have exited the Strait of Hormuz for Pakistan and China. These shipments follow months of restricted traffic due to regional conflict.
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Three liquefied Natural Gas tankers and a crude supertanker exited the Strait of Hormuz over the weekend, heading toward Pakistan, China, and India. The rare transit follows a severe maritime bottleneck caused by the conflict between the United States and Israel against Iran that began February 28. For investors, these movements signal a fragile resumption of energy flows through a waterway that typically handles 20% of global supply.
