Energy
Suezmax Tanker With Iraqi Crude Reaches India After Hormuz Transit
Swimmers along the coast of the Persian Gulf, while vessels wait in the background for clearance to pass through the Strait of Hormuz on May 15.
Photographer: Majid Saeedi/Getty Images
A Suezmax tanker identified as carrying Iraqi crude is approaching India after apparently crossing the Strait of Hormuz in recent days.
Observable daily commercial transits of the waterway in both directions dropped to five ships on Friday from 11 the previous day. There was a slight pick-up into Saturday morning, with six seen moving through the strait, vessel-tracking data compiled by Bloomberg show.