Stranded oil tankers finally reach S’pore after months stuck in Mid-East amid US-Iran tension

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Two crude oil tankers reached Singapore after months of being stranded in the Middle East amid US-Iran tensions. This marks a resumption of maritime activity in the critical Strait of Hormuz following an interim peace agreement between the US and Iran.

Two tankers carrying crude oil have arrived in Singapore after being stranded in the Middle East for months, pointing to the resumption of activity in a critical waterway since the US and Iran reached an interim peace agreement in June, ship-tracking data shows. But analysts said the pick-up in traffic in the Strait of Hormuz, ...