Tankers speed up transits through Strait of Hormuz amid Iran tensions - Bloomberg
Some oil tankers are increasing speed as they pass through the Strait of Hormuz amid rising tensions between the United States and Iran, Bloomberg reported on Friday.
Very large crude carriers were moving through the narrow waterway at speeds of up to 17 knots, compared with a typical top speed of about 13 knots for fully laden vessels, according to ship-tracking data cited by the outlet.
Roughly a quarter of the world’s seaborne oil trade passes through the strait, the report said.
