More crude oil and gas carriers have begun to test the Strait of Hormuz on Saturday, even as mixed messagesBloomberg Terminal from Iranian authorities leave shipowners fretting over the status of the vital energy chokepoint.
After seven weeks of extremely constrained traffic through one of the world’s most important energy thoroughfares, vessels sought to seize the opportunity provided by a 10-day ceasefire between Israel and Hezbollah in Lebanon. The FPMC C Lord, a very large crude carrier laden with Qatari and Saudi crude, sailed south of the Iranian island of Larak and was heading into the Gulf of Oman around the middle of the day on Saturday, indicating its destination as Fujairah, in the United Arab Emirates.