1st Japanese crude tanker crosses Hormuz since start of Mideast conflict

A Japanese crude tanker crossed the Strait of Hormuz on Tuesday, the first such transit since the outbreak of the Middle East conflict, Anadolu reports. The very large crude carrier (VLCC), owned by Japanese refiner Idemitsu, successfully transited the strait after departing Ras Tanura Anchorage of Saudi Arabia on April 17, according to MarineTraffic data. The vessel had been in Saudi Arabia since late February. The Panama-flagged ship is carrying 2 million barrels of Saudi crude oil. The first Japanese liquefied natural gas (LNG) tanker had transited the strait earlier this month. Japan procures about 90% of its energy supplies from the Gulf and was among the first countries to release oil from its strategic reserves. The Strait of Hormuz […]