Attacks on oil tankers in the Strait of Hormuz, the Red Sea, and the Black Sea have been exacerbated by conflicts in the Middle East and the Russo-Ukrainian war.

Another oil tanker was attacked in the Strait of Hormuz, while the Houthi group threatened to block Saudi Arabian shipping in the Red Sea, amid concerns that the crisis could impact global oil shipments.

Trump's proposal to impose a 20% transit fee on Hormuz could cost large oil tankers up to $30 million per voyage, a rate Iran considers too high.

Data from Kpler indicates that an oil tanker carrying over 35 million barrels of oil, stranded for more than three months, has begun departing the Persian Gulf, while the Joint Maritime Security Commission (JMIC) has downgraded its navigation risk to moderate.

Oil tankers flocked back to Hormuz after tensions in the Middle East eased, leading to a recovery in oil shipping and putting downward pressure on Brent crude prices, pushing them below $77 per barrel.

Two oil tankers linked to Iran began sailing through the Strait of Hormuz and the Gulf of Oman before the United States and Iran signed a provisional peace agreement on June 19, 2026.

The United States announced sanctions on eight oil tankers and more than 15 companies involved in Iranian oil exports, despite progress in negotiations to extend the ceasefire.

Japan has announced that the oil tanker "Idemitsu Maru" is preparing to dock next week, becoming one of the few vessels able to pass through the Strait of Hormuz.

Crude oil tankers have begun to navigate through the Strait of Hormuz after being stranded for more than two months due to the Iran-China war, while China and South Korea are accelerating oil imports from the Middle East.

Oil tankers are docked off Iran's Kharg Island in the largest numbers since the US began its blockade, creating a bottleneck in Iran's oil export system amid concerns that storage capacity is nearing its limit and Iran may have to reduce production.