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Market Chatter: Maltese-flagged Crude Oil Vessel Heads for Vietnam

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The Maltese-flagged crude-carrying supertanker Agios Fanourios I is on its way to Vietnam to offload Iraqi oil after being held by the U.S. Navy for five days in the Gulf of Oman, Reuters reported Monday, citing LSEG shipping data.

The vessel departed the Strait of Hormuz on May 10 and later altered its route while sailing in the Gulf of Oman on May 11. It is expected to arrive at the Nghi Son refinery on May 30. It restarted its journey toward Vietnam on May 16, following the interruption.

U.S. Central Command said the vessel was rerouted as part of ongoing enforcement operations related to the blockade on Iran, the new agency 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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