Shipping

Suezmax Tanker With Iraqi Crude Reaches India After Hormuz Transit

A Suezmax tanker identified as carrying Iraqi crude is approaching India after crossing the Strait of Hormuz in recent days. Observable daily commercial transits dropped to five ships on Friday from 11 the previous day. Transits into and out of the Persian Gulf remain far below prewar levels as the conflict enters a 12th week, with Tehran maintaining its blockade of Hormuz as a precondition for rejoining talks to end the war.