LNG Tanker Heads for Strait of Hormuz After U.S.-Iran Deal
A tanker chartered by an Indian state-owned firm left the Persian Gulf after President Trump announced a preliminary agreement to reopen the Strait of Hormuz. Iran confirmed the deal, which is set for signing on Friday.
upi.comA liquefied natural gas tanker has headed for the Strait of Hormuz after President Trump announced he had struck a deal with Iran for the reopening of the chokepoint. Iran confirmed the preliminary agreement. The agreement is scheduled to be signed on Friday.
Details have not yet been revealed. There will be a 60-day ceasefire period until negotiations are completed on all conditions of the end of the war. Iran demanded and received commitment for an end to the war in Lebanon.
U.S. as sanction action. The tanker has been stuck in the Persian Gulf for more than three months.
It is moving north of the UAE, sailing towards Oman. The vessel is chartered by an Indian state-owned energy company and loaded its cargo at the Ras Laffan hub around March 1. 8% earlier today following the news of the peace deal.
The drop occurred despite a continued force majeure on QatarEnergy’s Ras Laffan hub and a strike at one of the biggest LNG projects in Australia.
