World

Strait of Hormuz Reopening

Updated 2026-06-18 15:25 UTC 2 sources Positive

Three supertankers have sailed through the Strait of Hormuz after a deal was signed by the U.S. and Iran, reopening the waterway. The move is seen as a positive step towards resolving tensions.

Coverage timeline — 2 articles
The Hill
Three Saudi Arabian-flagged supertankers reportedly transited the Strait of Hormuz after the U.S. and Iran signed a deal that will reopen the waterway. Reuters reported the vessels, managed by Saudi Arabian shipping group Bahri, had 6 million barrels onboard. The Hill has reached out to Bahri for co
2026-06-18 14:42 UTC
CNBC
The IEA said on Wednesday that a lasting resolution to the conflict could drive a surge in supply volumes and trigger a major oil overhang next year.
2026-06-18 15:19 UTC
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