Ships Transit the Strait of Hormuz in Secret as US-Iran Attacks Continue

Summary

Bloomberg's Anthony di Paola reports that shipping through the Strait of Hormuz has slowed sharply, with many vessels going dark to avoid detection amid conflicting US-Iran claims about the waterway's status. Independent tanker operators remain hesitant to enter the Gulf, delaying the recovery in oil exports.

• Vessels are turning off transponders to transit the Strait of Hormuz undetected.
• Iran claims the strait is closed while the US asserts it remains open.
• A spate of attacks last week spooked traders and shippers.
• Independent buyers and shippers are avoiding sending vessels into the Gulf due to attack risk.
• An ADNOC LNG tanker was observed crossing with its transponder off over the weekend.
• National oil companies are attempting to push some vessels through near the Omani coast.
• Overall traffic has slowed to near a standstill, delaying the recovery in regional oil exports.