9 Oil and Gas Tankers Pass Through the Strait of Hormuz With Iran’s Authorization

Iran has authorized nine oil tankers to transit the Strait of Hormuz, amid ongoing tensions with the United States over the latter's alleged blockade. The U.S. has redirected 65 commercial vessels and halted four others, raising concerns about potential disruptions to Vietnam's refining operations. The Strait of Hormuz is a crucial waterway for 20% of global energy supply, and any disruption could significantly impact global energy markets.