U-Turning Oil Supertankers Cross Hormuz After Avoiding It
Takeaways by Bloomberg AI
Two supertankers, each capable of hauling about 2 million barrels of crude, headed through the Hormuz shipping strait at the mouth of the Persian gulf, having performed U-turns in the past 24 hours.
On Sunday, the Coswisdom Lake and South Loyalty entered the waterway and abruptly changed course, according to vessel tracking data compiled by Bloomberg. After a pause, both then headed back through Hormuz. One was almost through and the other entering it, signals from each showed on Monday.