Updated
Updated · Bloomberg · Jul 25
Three VLCCs Carrying 6 Million Barrels Exit Hormuz Amid Iran Attack Risks
Updated
Updated · Bloomberg · Jul 25

Three VLCCs Carrying 6 Million Barrels Exit Hormuz Amid Iran Attack Risks

3 articles · Updated · Bloomberg · Jul 25

Summary

  • Three very large crude carriers carrying about 6 million barrels of crude cleared the Strait of Hormuz in the past 24 hours despite the risk of Iranian attack.
  • Bloomberg ship-tracking data showed the tankers had been inside the Persian Gulf and began transmitting automated position signals again on Thursday morning as they entered the Gulf of Oman.
  • The transit underscores that some oil shipments are still moving through the chokepoint even as security threats around Iran keep pressure on one of the world's most critical crude routes.

Insights

With Hormuz traffic plunging from 100 ships to just one, how are 6 million barrels quietly slipping past Iran's drone swarms?
If military escorts cannot lower crippling insurance premiums, what secret deals are allowing select oil tankers to survive this dangerous chokepoint?