Tuesday 22 September 2026 07:30 UTC
Two More Tankers Struck in Strait of Hormuz
Two more tankers were struck in the Strait of Hormuz. An unknown projectile hit an inbound vessel in a US-protected lane, slightly injuring two crew members; the ship continued under its own power. An outbound liquefied petroleum gas tanker was also hit. Weekend traffic fell to 17 commodity-vessel crossings, compared with about 125 large commercial vessels a day before the war. Daily tanker rates from the Gulf to China have nearly quintupled to $1.035 million.
Saudi Arabia nevertheless increased crude shipments through Hormuz to about 2.9 million barrels a day, up from 700,000 in August. Aramco loaded 14 million barrels onto seven large tankers on Sunday. Brent crude fell 2.6% to $101.18 as supply fears eased.
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