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Weilun Soon
Vessels at the Strait of Hormuz, as seen from Musandam, Oman, on July 1
WORLD
Jul 6, 2026
Oil, gas tankers cross Hormuz via Oman-side route after U-turns
The oil market is fixated on what¡¯s moving through Hormuz and how, as ships try to avoid Iran¡¯s military as they come and go.
The Strait of Hormuz has remained largely blocked since the Iran war began in late February and has been subject to an international diplomatic arm wrestle ever since.
BUSINESS
May 15, 2026
Hormuz oil flows creep higher as more supertankers exit
Four ships each hauling 2 million barrels of mostly-Iraqi crude have exited since May 10 ¡ª?a rate close to 2 million barrels a day ¡ª according to vessel tracking data.
An Eneos gasoline tanker truck in Yokohama. An Eneos crude oil supertanker has passed through the Strait of ?Hormuz, ship-tracking data shows.
BUSINESS / Companies
May 14, 2026
Japanese crude tanker emerges outside Hormuz in rare transit
The tanker is listed as part of refiner Eneos Holdings¡¯?fleet.
A gasoline tanker truck at an Idemitsu Kosan gas station in Tokyo. The supertanker is listed as being operated by the tanker arm of the Japanese energy conglomerate.
BUSINESS / Companies
Apr 29, 2026
Japanese crude supertanker may have exited Strait of Hormuz in war first
The supertanker linked to Japan is carrying 2 million barrels of crude, which was loaded from Saudi Arabia¡¯s Juaymah terminal in early March.
A screen tracks the traffic in the Strait of Hormuz, in the control room of Hapag-Lloyd, a shipping giant in Hamburg, Germany, on Wednesday.
BUSINESS / Economy / ANALYSIS
Apr 26, 2026
Trump¡¯s Hormuz blockade has deepened a historic shipping crisis
Crude output from the Persian Gulf nations is already 57% below where it was before the war, according to Goldman Sachs analysts.
A liquefied natural gas tanker is seen at a port in Yokohama, Kanagawa prefecture, on Wednesday.
BUSINESS
Apr 8, 2026
Shipowners eye Hormuz ceasefire window for 800 trapped vessels
The near-closure of the vital waterway has created an unprecedented global energy supply crunch, as Iran tightened its control in the aftermath of U.S. and Israeli strikes.
A police speedboat patrols as oil tankers and high-speed crafts sit anchored at Muscat Anchorage near the Strait of Hormuz on Monday in Muscat, Oman.
BUSINESS
Apr 2, 2026
Secret codes and yuan fees get ships through Iran¡¯s Hormuz tollbooth
Ship owners and operators face difficult legal questions over whether they should pay Iran¡¯s tolls and which rules, sanctions and conventions may be applied to them.
A cargo ship in the Gulf, near the Strait of Hormuz, in United Arab Emirates on March 11. So far in March, barely six vessels per day on average have traversed the narrow waterway connecting the Persian Gulf to the world, in either direction. That compares with about 135 a day in normal times, according to ship-tracking data.
WORLD
Mar 31, 2026
Iran¡¯s grip on Strait of Hormuz tighter than ever after first month of war
The near-total closure of the Strait of Hormuz has proved an exceptionally effective asymmetric weapon in Iran¡¯s fight against two of the world¡¯s most powerful countries.
An oil tanker unloads imported crude oil at Qingdao port in China in 2022.
BUSINESS
Jul 2, 2025
Major Chinese ports keep Iranian oil flowing despite sanctions
From January to June, terminals in the port clusters around Qingdao, Dalian and Zhoushan have helped China purchase almost 1.4 million barrels a day of Iranian crude.
Mitsui O.S.K. Lines President and CEO Takeshi Hashimoto speaks during an interview in Tokyo in April.
BUSINESS
May 23, 2025
Japanese gas tanker giant sees difficulty buying Chinese vessels
Washington has issued a flurry of measures since President Donald Trump took office aimed at curbing China¡¯s maritime dominance and reviving its own flagging shipbuilding industry.
The global shipping industry is also contending with U.S. measures beyond the barrage of levies.
BUSINESS / Markets
May 7, 2025
World¡¯s trade superhighway feels strain from U.S.-China decoupling
Among signs of disruption are plunging fees, fewer services and a pall of uncertainty over what for decades has been one the main maritime highways of the global economy.
Workers at the Cosco Shipping Holding shipyard in Qidong, Jiangsu province, China, on Oct. 8, 2024
BUSINESS / Economy
Mar 24, 2025
Billion-dollar U.S. levies on Chinese ships risk ¡®trade apocalypse¡¯
The levies could theoretically generate between $40 billion and $52 billion for U.S. coffers.

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