Indian crude oil tankers sail out of Strait of Hormuz after Iran declares it open

Following Iranian Foreign Minister Abbas Araghchi's declaration that the Strait of Hormuz is 'completely open,' Indian-flagged vessels carrying crude oil vital to India's energy needs have begun exiting the Persian Gulf. This marks a further easing after earlier selective transits by ships without U.S. or Israeli links amid the ongoing conflict.

The Strait of Hormuz, closed by Iran after U.S. and Israeli airstrikes in late February 2026, has seen gradual reopenings. Iran has allowed passage for vessels deemed friendly, with prior transits including Chinese, French, Omani, and Japanese ships in early April.

On April 17, hours after Foreign Minister Abbas Araghchi stated the strait was 'completely open,' multiple Indian-flagged vessels stranded in the Persian Gulf started sailing toward India. These ships primarily carry crude oil, essential for India's energy security. The Hindu has tracked Indian-flagged and India-bound vessels in the region for the past month.

This development signals improved reliability for global energy flows through the strait, which handles about a fifth of the world's oil and LNG, offering relief to India's supply chain.

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UN Agency Pauses Ship Evacuations in Strait After Attack

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A United Nations agency halted plans to evacuate ships from the Persian Gulf through the Strait of Hormuz on Thursday following an attack on a merchant vessel off the coast of Oman. The incident occurred after several tankers used a new route backed by the agency. A U.S. official identified the attacker as an Iranian drone.

航运数据显示,受伊朗战争影响,一支由10艘与日本相关的船只组成的船队在波斯湾滞留数月后,于周一(本周一)开始驶离霍尔木兹海峡。

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Oil prices are dropping significantly as tankers resume passage through the Strait of Hormuz following a preliminary peace accord between the US, Israel, and Iran. This easing of supply concerns has pushed prices towards pre-war levels.

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Oil prices dipped following the conclusion of indirect US-Iran talks in Doha. Qatar reported positive progress on issues related to the Strait of Hormuz. Tanker traffic through the vital waterway is recovering toward pre-war levels.

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