Sunday, June 21, 2026
Hormuz reopening gains momentum as tankers resume transit- oil and gas 360

Hormuz reopening gains momentum as tankers resume transit

(World Oil) – Oil and LNG shipments through the Strait of Hormuz accelerated Thursday as the U.S.-Iran interim agreement began taking effect, with stranded cargoes leaving the Persian Gulf and producers testing the reopening of one of the world’s most important energy corridors. According to vessel-tracking data compiled by Bloomberg, four supertankers carrying approximately 8 million bbl of crude either exited