Empty Tankers Entering Gulf Via Hormuz Is Key for Energy Market (opens original article in a new tab)

The movement of empty tankers through the Strait of Hormuz into the Persian Gulf is closely watched as a sign of growing confidence in a potential peace deal between the US and Iran, with ship owners cautious about resuming operations due to safety concerns.

• Empty tankers entering the Gulf via Hormuz are being monitored as an indicator of confidence in a peace deal between Washington and Tehran.
• Ship owners are cautious about resuming operations due to unclear safety protocols for transiting the Strait of Hormuz.
• Kpler data shows over 300 empty vessels in the Gulf of Oman, with expected increase in inbound traffic once the strait is safely reopened.