Oil Tankers Make Dash Toward Hormuz as Iran Says Strait Is Open

At least eight oil tankers raced toward the Strait of Hormuz in the hours after Iran’s foreign minister said the vital waterway was fully open to shipping.

Five of the carriers, which had been anchored north of Dubai, were moving into the waterway on Friday afternoon, soon after Iran’s foreign minister said it was completely open, vessel tracking data compiled by Bloomberg show. Three more, which were waiting about 70 miles west, have also begun moving in the direction of the strait.