
$Occidental Petroleum(OXY.US) Morgan Stanley's daily tracking report #20 for the Strait of Hormuz, released on March 21, 2026, shows that there were no vessel transits that day, and the March 16 transit volume was revised to 4 vessels (originally 1). Additionally, a "zombie ship" disguised as a scrapped LNG carrier passed through on Friday night. The US issued a 30-day sanctions waiver for Iranian offshore oil, involving approximately 140 million barrels of crude oil, which may arrive in Asia in 3-4 days. Iran agreed to release related Japanese vessels after bilateral negotiations. The EU required member states to lower their natural gas storage target to 80% (10 percentage points lower than the official target). Within the region, Iraq declared force majeure on oil fields, and the UAE's Fujairah terminal partially resumed loading operations. The report also disclosed key data such as vessel transit types and volumes for different dates in the Strait of Hormuz, crude oil freight rates, oil and gas prices, and related corporate ratings. Morgan Stanley holds a neutral (In-Line) view on the European energy sector. (I do not hold any position, as I'd rather rest when volatility is low 😂😂🤣)
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