Aramco Puts VLCCs Back Into Hormuz After Three-Week Pause
Saudi Arabia spent weeks finding ways around the Strait of Hormuz. Now it is starting to send tankers straight back through it. Saudi Aramco resumed crude loadings from its Ras Tanura and Juaymah terminals inside the strait last week, ending a three-week gap in activity at the ports, according to Kp
Source: OilPrice.com
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DW NOTE
Aramco resumed VLCC shipments through the Strait after a three-week stoppage — which tells you the tankers are moving again, but not that the route is safe. One ship transited on August 9 versus the normal 73 per day, and 2,000 vessels remain stranded waiting for the U.S. to clear Iranian mines. A corporate shipping decision is not a strategic all-clear.