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Oil finds its way: Supertankers return to Persian Gulf
Supertankers are once again navigating the Strait of Hormuz, a crucial oil route, following a period of disruption due to recent Iran conflict. Shipping data indicates a significant increase in commodity vessel traffic, including oil tankers, signalling renewed confidence among shipowners. This return of large carriers, with a combined capacity of millions of barrels, is vital for global energy markets as hostilities ease ahead of peace talks.
Explained: What's Article 5 Of US-Iran MoU? Why Is It Triggering Fresh Strikes?
Tankers and cargo vessels are seen in the Gulf of Oman, along shipping routes linking the Strait of Hormuz and the Arabian Sea on June 16.
Oil prices rise as renewed US-Iran strikes disrupt shipping in Hormuz
Brent crude fell 10.6% last week, its third weekly decline, after crude shipments through the strait rose last week to their highest level since the US-Israeli conflict with Iran began in February
Iran Declares 30-Day Oversight Of Strait of Hormuz; Warns Against External Intervention
Tankers and cargo vessels are seen in the Gulf of Oman, along shipping routes linking the Strait of Hormuz and the Arabian Sea on June 16.
Crude oil prices tumble 5% as Strait of Hormuz traffic rebounds; Brent plunges 20% in June
Brent crude prices plummeted to $72 as supply concerns eased with resumed shipping through the Strait of Hormuz. The weekly decline reaches 10%, while June losses hit 20%, reflecting the impact of improved stability in Middle Eastern oil exports.
Oman Announces New IMO-Supported Shipping Corridor In Hormuz
Tankers and cargo vessels are seen in the Gulf of Oman, along shipping routes linking the Strait of Hormuz and the Arabian Sea on June 16.
Asian Markets Today: Kospi Rebounds, Nikkei Slips as Investors Assess Tech Recovery
South Korean shares recovered after the previous session's sell-off, while markets tracked oil prices and shipping activity through the Strait of Hormuz.
Hormuz shipping activity shows signs of recovery; Indian refiners shine amid disruption: S&P Global
Shipping through the crucial Strait of Hormuz is showing signs of recovery, with daily transits increasing significantly, though still far below pre-war levels. Indian refiners, however, are demonstrating remarkable resilience, successfully diversifying their crude oil sources to include Russian, Brazilian, West African, and US grades amidst ongoing global energy supply disruptions. Market watchers remain vigilant as geopolitical tensions continue to influence oil trade.
Hormuz Not Your Personal Casino: Iran Hits Back At US After Trump's Threat
Tankers and cargo vessels are seen in the Gulf of Oman, along shipping routes linking the Strait of Hormuz and the Arabian Sea on June 16, 2026.
At the gates of Hormuz, 80 million barrels of oil are on standby
Large volumes of crude oil are waiting in the Persian Gulf and are ready to move through the Strait of Hormuz if shipping activity resumes following an interim US-Iran agreement aimed at restoring transit in the waterway.
Oil prices head for deep weekly loss as Strait of Hormuz traffic begins to inch up
Oil prices fall sharply as interim Iran deal eases Strait of Hormuz blockade, Brent nears 79 dollars, WTI 75, shipping resumes, Kuwait to boost output, Trump hails market reaction
Brent Slumps Below $75 As US-Iran Peace MoU Pushes Oil Close To Pre-War Levels
Markets are now shifting their focus from geopolitical risks to the pace at which oil exports and shipping activity can recover across the Persian Gulf.