A huge backlog of oil tankers that got stuck inside the Persian Gulf because of the Iran war has almost cleared out — just in time for a fresh military flare up to create renewed uncertainty about how safe the region is for ships.
A huge backlog of oil tankers that got stuck inside the Persian Gulf because of the Iran war has almost cleared out — just in time for a fresh military flare up to create renewed uncertainty about how safe the region is for ships.
Gem No. 2 (in white) is the only tanker left trapped in the Persian Gulf with its original cargo. Stallion (blue) also remains stranded. Mercury Hope (red) has exited on Wednesday.
Traffic through the Strait of Hormuz came to a near standstill after the US struck Iran for a second straight day, leaving a fragile truce between the two sides looking increasingly shaky.
Traffic through the Strait of Hormuz came to a near standstill after the US struck Iran for a second straight day, leaving a fragile truce between the two sides looking increasingly shaky.
Traffic ground to a near halt in the Strait of Hormuz on Thursday. Ship clusters can be seen forming, a sign of electronic interference in navigation systems.