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Tankers Test Hormuz Reopening as Uncertainty Lingers Over Strait

Weilun Soon
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Tankers resumed testing the Strait of Hormuz on Saturday after a seven-week slowdown, capitalizing on a 10-day Israel-Hezbollah ceasefire to navigate the critical energy route. Mixed signals from Iranian authorities created uncertainty, leaving shipowners hesitant about the strait’s operational status despite the temporary lull in regional tensions. The FPMC C Lord, a VLCC carrying Qatari and Saudi crude, successfully transited south of Iran’s Larak Island toward Fujairah, UAE, signaling cautious optimism among operators. The strait, a vital chokepoint for 20% of global oil trade, remains volatile as geopolitical risks persist despite the brief ceasefire window. Shipowners weigh short-term transit opportunities against long-term risks, with the strait’s stability hinging on fragile regional diplomacy and potential conflict escalation.
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000More crude oil and gas carriers have begun to test the Strait of Hormuz on Saturday, even as mixed messagesBloomberg Terminal from Iranian authorities leave shipowners fretting over the status of the vital energy chokepoint.After seven weeks of extremely constrained traffic through one of the world’s most important energy thoroughfares, vessels sought to seize the opportunity provided by a 10-day ceasefire between Israel and Hezbollah in Lebanon. The FPMC C Lord, a very large crude carrier laden with Qatari and Saudi crude, sailed south of the Iranian island of Larak and was heading into the Gulf of Oman around the middle of the day on Saturday, indicating its destination as Fujairah, in the United Arab Emirates.

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