A VLCC owned by Japanese refiner Eneos Holdings has reportedly passed through the Strait of Hormuz, marking the second time a Japanese vessel has traversed the embargoed waterway since the onset of the conflict between Iran and the United States. This transit is crucial for Japan’s oil imports and highlights the ongoing geopolitical risks impacting global energy supplies. The confirmation of this passage will indicate the extent of Iran’s willingness to allow passage for other Asian vessels.