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Strait of Hormuz crisis Political Risk and Trade Tankers and Gas

Hormuz uncertainty persists with MEG shipping corridor discussion postponed

  • Oman’s foreign ministry said that talks were postponed in the ‘interests of consensus’
  • Tehran’s insistence on maintaining control of the strait has been a key sticking point that other MEG states may not agree with
  • Charterers’ appetite for STS transfers in the Gulf of Oman hangs in the balance, with the postponement adding more uncertainty

  • News

Shipping has adapted to the start-stop nature of the crisis — a new norm for Middle East crude oil flows

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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