finance
Some tankers resume Strait of Hormuz transit after US-Iran deal while others stay idle over safety concerns
Shipowners kept most vessels waiting despite a U.S.-Iran deal to ease a dual blockade. Around 40 VLCCs carrying nearly 80 million barrels remain ready to sail once secure passage resumes.
Jun 19, 4:18 AM·1m read1 source
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-Iran deal aimed at easing a dual blockade. Some vessels resumed movement through the strait, 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.
The vessels are located in or near the Strait of Hormuz. @DeItaone reported the slowdown and the number of idle VLCCs.
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