Oil Tankers Reverse Course in Hormuz, Some Take Iran Route
Part of composite article Oil Glut Panic: Producers ‘Desperate’ to Dump Stored Crude as Tankers Dodge Iran’s Strait Toll View full article →
At least eight oil tankers trying to leave the Persian Gulf via the Omani coast turned back between Friday and Saturday. The sudden reversal is the latest sign that reopening the Strait of Hormuz remains difficult, as Iran tries to assert control over the key waterway.
Some of the ships continued their journeys by switching to a route closer to Iran. The move highlights ongoing tensions in the region's most important oil shipping lane.