Oil tanker movements slowed sharply near the Strait of Hormuz as vessels began steering clear of the key shipping route ahead of a planned U.S. blockade targeting Iranian ports. Shipping data showed two Iranian-linked tankers exiting the Gulf just before the restrictions were due to take effect, while others hesitated or altered course amid rising uncertainty.
The U.S. move follows the collapse of talks with Iran, with Washington set to enforce the blockade on ships entering or leaving Iranian ports, though it said transit through the strait itself would remain open. Despite this assurance, the announcement has unsettled global shipping markets, disrupting normal oil trade flows that typically supply countries such as China and India.
Several vessels have already changed plans, including a Malta-flagged supertanker that turned back near the strait, while others entered cautiously or remained in holding patterns. The developments highlight growing risks to one of the world’s most critical energy chokepoints, even as a fragile ceasefire remains under strain.
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