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Market Chatter: 4 Oil, Gas Tankers Abort Hormuz Strait Crossing After Attacks

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At least four oil and gas tankers have aborted an attempted crossing of the Strait of Hormuz, Reuters reported on Wednesday based on ship-tracking data, after further attacks on vessels heightened security risks.

Their about-turn came after attacks on a Qatari liquefied natural gas tanker and a Saudi-flagged crude oil tanker, which inflicted damage to both on Tuesday, amid reports Iran had fired missiles at ships in the strait.

LNG tankers Al Ghariya, Duhail and Al Ruwais were heading west to the strait but diverted course late on Tuesday, data from analytics companies Kpler and LSEG showed.

The three QatarEnergy tankers were empty and headed for Qatar's Ras Laffan export docks to load. Indian-flagged Very Large Crude Carrier Lila Vadinar, transporting 2 million barrels of Kuwaiti crude, also turned back at the tip of Oman at the strait, on Wednesday, the article said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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