Iranian vessels cross US naval blockade without incident in Gulf of Oman
The departures signal possible easing of enforcement as shipowners position for an estimated 118 laden tankers that could leave within 15 days, Kpler said.
- On Wednesday, three National Iranian Tanker Company supertankers carrying nearly 5 million barrels of crude oil exited the U.S. Navy blockade in the Strait of Hormuz, marking the first such outbound shipment in two months.
- The United States and Iran signed a Memorandum of Understanding on Monday to end their four-month war, with a formal signing ceremony scheduled for Friday in Geneva to reopen the Strait of Hormuz and waive sanctions on oil sales.
- Optimism regarding the reopening sent Brent North Sea crude prices down to $78.74 a barrel on Wednesday, though Niels Rasmussen, chief shipping analyst at BIMCO, noted most shipowners are "cautiously awaiting more details" before planning new transits.
- Despite initial departures, a Joint Maritime Information Center advisory confirmed that measures targeting Iranian shipping remain in effect until June 19, as the U.S. Navy reminded the industry that "nothing has changed and will not until the agreement is signed."
- Fresh Israeli strikes in south Lebanon have complicated the diplomatic thaw, as analysts warn that the parallel conflict between Israel and Iran-backed Hezbollah presents the biggest threat to the fragile agreement between Washington and Tehran.
111 Articles
111 Articles
First Iranian Crude Exports In Two Months Leave Hormuz
The first shipments of Iranian crude oil in two months have departed the Strait of Hormuz, according to ship-monitoring firm TankerTrackers.com. This comes just days before senior Iranian and US officials are expected to sign a preliminary agreement in Switzerland aimed at ending the war.
With Oil Sanctions Suddenly Lifted, Iran Already Banking Billions From Trump's Deal
Not only does President Donald Trump’s “deal” to end the Iran war guarantee profits for the Tehran regime, but the money is already flowing as the United States lifts its blockade of Iranian ports.Sanctions on the country’s oil sales, which have financed its military and nuclear programs for decades, appear to have been lifted as soon as Trump and Vice President JD Vance electronically signed the “memorandum of understanding” with their Iranian …
First Iranian Tankers Exit U.S. Blockade
Two Iranian crude oil tankers exited the U.S. blockade of the Strait of Hormuz on Wednesday, June 17th. The vessels’ movement was identified using a tracking website and confirmed using satellite data. A third ship was later identified as having made the same journey. The safe passage of all three tankers is seen as having been made possible by the existence of a Memorandum of Understanding (MoU) formally ending the war between Iran and the Unit…
Three Iranian tankers exit Hormuz blockade in first crude exports in two months
Three tankers carrying Iranian crude oil have sailed through the Strait of Hormuz for the first time since the United States imposed a naval blockade against Iran in mid-April, a vessel tracking website said.
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