💼 Business 9h ago · Weilun Soon, Bloomberg

Oil tankers U-turn in Hormuz as U.S.-Iran talks break down

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Oil tankers U-turn in Hormuz as U.S.-Iran talks break down
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Two empty crude tankers attempted to make their way through the Strait of Hormuz and into the Persian Gulf on Sunday, only to make last-minute U-turns just as peace negotiations between the US and Iran broke down, threatening a fragile ceasefire.



Two very large crude carriers and one Aframax-class vessel — all without direct links to Iran — began to approach the narrow waterway from the Gulf of Oman late on Saturday, ship-tracking data show, arriving near Iran’s Larak island early on Sunday.

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