Major crude shipment clears US naval blockade. A Vietnam-bound supertanker carrying 2 million barrels of Iraqi crude has resumed its journey after being halted by US forces in the Gulf of Oman for five days. The Agios Fanourios I, a very large crude carrier, now sails toward Vietnam following appeals from PetroVietnam Oil Corp., which warned that delays threatened the Nghi Son Refinery's operations and could impact millions of Vietnamese consumers and businesses. The vessel's passage comes amid ongoing geopolitical tensions affecting Persian Gulf shipping routes, with traffic through the Strait of Hormuz remaining significantly below pre-war levels. Recent US-China summit discussions acknowledged the importance of keeping the waterway open, though concrete progress remains limited.
Post from MarketNews_en
Log in to interact with content.