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The Economic Times

Economy / The Economic Times

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Greek, Indian tankers U-turn before Hormuz amid reopening doubt

Several oil tankers have turned back in the Persian Gulf. This follows Iran's mixed signals on keeping the Strait of Hormuz open. Shipowners are uncertain about transit. Five Greek and Indian tankers halted journeys early Saturday. Warnings were reportedly broadcast over radio. The situation creates confusion for global oil trade.

18 Apr 2026 12:00 pm