Nikkei analysis shows sudden uptick in shipping activity around Kharg Island

20260624N Iran tanker Persian Gulf

The tanker Impalas departed from the Iranian oil export hub of Kharg Island and is heading toward the Strait of Hormuz. (Screenshot from MarineTraffic)

KENJI ASADA, YUTA KOGA and RINTARO TOBITA

NEW YORK/CAIRO/WASHINGTON — Iran has begun loading crude oil onto tankers to ship out of the Persian Gulf after the U.S. temporarily relaxed sanctions, opening the door for Tehran to potentially earn an estimated $8.5 billion in revenue.