Hormuz Traffic Thins With 0 Outbound Tankers Seen Friday Amid Shipowner Safety Fears
Updated
Updated · Bloomberg · Jun 19
Hormuz Traffic Thins With 0 Outbound Tankers Seen Friday Amid Shipowner Safety Fears
3 articles · Updated · Bloomberg · Jun 19
Summary
No outbound tankers were seen leaving the Persian Gulf on Friday morning, signaling thinner traffic through the Strait of Hormuz after a brief rebound a day earlier.
Shipowners appeared to be erring on the side of safety, slowing movements even after the US and Iran had vowed to lift a dual blockade that had spurred a burst of oil flows on Thursday.
One very large crude carrier reappeared off Muscat, suggesting it had already crossed the strait, while an Iran-linked LPG carrier and a Norwegian-flagged products tanker were seen heading inward.
The patchy traffic underscores how quickly shipping patterns in the chokepoint can shift when security concerns persist despite diplomatic signals.