Three Iranian tankers exit U.S. blockade for first time in months as shipowners eye Hormuz in 'wary disbelief'
At least three Iranian tankers carrying nearly five million barrels of crude oil have exited the U.S. Navy blockade in the Strait of Hormuz in the first such outbound shipment in two months, as shipowners cautiously reposition ahead of a U.S.-Iran deal signing in Geneva on Friday
At least three Iranian tankers carrying nearly five million barrels of crude oil have exited the U.S. Navy blockade in the Strait of Hormuz in the first such outbound shipment in two months, as shipowners cautiously reposition ahead of a U.S.-Iran deal signing in Geneva on Friday.
Two supertankers named Diona and Hero 2 — both owned by the National Iranian Tanker Company and under U.S. sanctions — made it through the U.S. Navy blockade perimeter, carrying a combined total of 3.8 million barrels of Iranian crude oil, according to shipping data provided by Kpler.
A third Iran-linked tanker carrying 1 million barrels of Iranian crude exited the blockade line on Wednesday, according to Kpler.
"Their apparent departure from the blockade suggests that other Iranian-trading tankers are also preparing to resume trading," said Michelle Wiese Bockmann, senior maritime intelligence analyst at Windward.
The U.S. and Iran signed a Memorandum of Understanding on Monday to end the nearly four-month war, with a formal signing ceremony to take place on Friday in Geneva. The pact, whose details have not been disclosed, is expected to reopen the Strait of Hormuz and waive sanctions on Iran's oil sales.
Washington would allow Tehran to immediately begin selling oil and fuel once the agreement is signed this week, in exchange for Iran's commitment to curb its nuclear program, the Wall Street Journal reported Tuesday .
The Strait of Hormuz, through which about a fifth of the world's oil flowed before the war, has been effectively shut for the duration of the conflict. The U.S. Navy has blockaded Iranian ports , and Iran has targeted vessels linked to nations it deemed adversaries, stranding hundreds of ships and disrupting global energy flows.
The prospect of a reopening prompted some shipowners — battered by months of surging freight costs and war-risk insurance premiums — to begin repositioning vessels toward Gulf ports in anticipation of a surge in restocking demand, while most are more cautious and continued to hold back.
