First coordinated VLCC transits through Hormuz raise cautious hopes of a thaw

AI Summary

Three Very Large Crude Carriers (VLCCs) recently transited the Strait of Hormuz, signaling the strongest indication yet of a coordinated operating protocol resuming through this key oil chokepoint after almost 12 weeks. This development possibly suggests a thaw in maritime navigation tensions in the strategically critical corridor.

Three VLCCs transited the Strait of Hormuz outbound on Wednesday in what maritime intelligence firm Windward described as the strongest single indicator yet of a coordinated operating protocol on the corridor – the first sign in almost 12 weeks that some form of guided passage may be resuming through the critical oil chokepoint. Two Chinese-controlled …