First Tentative Moves Post-Ceasefire: Two Japanese VLCCs Head Toward Hormuz, Each Carrying 2 Million Barrels of Crude Oil
Wallstreetcn·- After the recent ceasefire, two supertankers, Mayasan and Yakumosan, have begun moving tentatively eastward in the Persian Gulf toward the Strait of Hormuz, carrying approximately 2 million barrels of oil each. - Despite this movement, the timeline for reopening the passage remains uncertain as shipowners express concerns over safety and potential sanctions issues, with reports indicating Iran's demand for payments for safe passage. - The current market interpretation views these movements as cautious adjustments rather than a definitive signal of imminent transit as the energy sector awaits further developments.