29 of 109 Oil Tankers Escape Persian Gulf After Strait of Hormuz Closure Amid Iran War
By
Grant Smith, Julian Lee
Half-baked but well-meaning. A passing snack.
Summary
Since the outbreak of the Iran war on February 28, the Strait of Hormuz has been effectively closed, trapping 109 non-Iranian large oil tankers inside the Persian Gulf. According to Bloomberg shipping data, 29 of those vessels (roughly one-quarter) have managed to escape through the chokepoint in a slow and stealthy manner.
Key quotes
· 2 pulledRoughly one-quarter of the non-Iranian large oil tankers trapped inside the Persian Gulf at the outbreak of the Iran war have managed to slip out in a slow, stealthy trickle.
Twenty-nine of the 109 bigger vessels, those capable of hauling 700,000 barrels or more, which were stranded when the Strait of Hormuz was effectively shuttered after the conflict erupted on Feb. 28 have now crossed the chokepoint, shipping data compiled by Bloomberg show.
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