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The Economic Times

Economy / The Economic Times

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Convoy of tankers is seen crossing Strait of Hormuz, vessel tracking data shows

A convoy of eight tankers is crossing the Strait of Hormuz. Ship owners hope Tehran will allow them to leave the Gulf during a short ceasefire. Iran reopened the strait after a US-brokered ceasefire. The closure caused a major supply loss. Gulf producers need steady tanker flow to resume exports.

18 Apr 2026 2:02 pm