Two large tankers enter Gulf to load oil
Two giant tankers passing through the Strait of Hormuz to load around four million barrels of oil, one heading to the port of Basra in Iraq, according to tracking data from Reuters. The region is experiencing increasing tensions due to the Iranian Revolutionary Guard's closure of the Strait of Hormuz, preventing ships from passing since yesterday. Meanwhile, U.S. forces have reported that 55 ships carrying 17 million barrels of oil have transited through the strait. Iran continues to keep the strait closed and threatens not to reopen it as long as the ceasefire in Lebanon is not respected and Iran's revenue from oil sales is not released.
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