Crude tankers navigate geopolitical tensions in Strait of Hormuz.

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Crude tankers navigate geopolitical tensions in Strait of Hormuz. Two very large crude carriers carrying four million barrels of Iraqi crude exited the strait on Sunday with tracking systems disabled to avoid Iranian attacks. The Agios Fanourios I heads to Vietnam while the Kiara M's destination remains unclear. A third tanker also transited the critical waterway after loading from Abu Dhabi's facilities. These movements reflect growing efforts by Middle Eastern oil producers to maintain export flows amid escalating regional tensions. The practice of disabling transponders underscores rising risks to global energy supplies and demonstrates how geopolitical instability directly impacts oil markets and international trade routes.

Monday, May 11, 2026 at 10:40 AM

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