Qatar LNG Tanker Starts Hormuz Crossing as Trump Pushes Reopening

1 hour ago 4
37]brq4agsntp]1}vu3t7f8b_media_dl_3.png37]brq4agsntp]1}vu3t7f8b_media_dl_3.png Vessel tracking data compiled by

Article content

(Bloomberg) — An LNG tanker started to exit the Persian Gulf, with all other observable shipping through the Strait of Hormuz at a standstill following recent clashes. President Donald Trump, meanwhile, sought to reopen the vital energy channel at all costs.

Financial Post

THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY

Subscribe now to read the latest news in your city and across Canada.

  • Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.
  • Daily content from Financial Times, the world's leading global business publication.
  • Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
  • National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
  • Daily puzzles, including the New York Times Crossword.

SUBSCRIBE TO UNLOCK MORE ARTICLES

Subscribe now to read the latest news in your city and across Canada.

  • Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.
  • Daily content from Financial Times, the world's leading global business publication.
  • Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
  • National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
  • Daily puzzles, including the New York Times Crossword.

REGISTER / SIGN IN TO UNLOCK MORE ARTICLES

Create an account or sign in to continue with your reading experience.

  • Access articles from across Canada with one account.
  • Share your thoughts and join the conversation in the comments.
  • Enjoy additional articles per month.
  • Get email updates from your favourite authors.

THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.

Create an account or sign in to continue with your reading experience.

  • Access articles from across Canada with one account
  • Share your thoughts and join the conversation in the comments
  • Enjoy additional articles per month
  • Get email updates from your favourite authors

Sign In or Create an Account

or

Article content

Tensions escalated at the start of this week, with both sides exchanging fire as American warships escorted merchant vessels before the abrupt suspension of “Project Freedom” on Tuesday. Since then, no vessel has been observed completing the transit through the waterway, according to ship-tracking data compiled by Bloomberg. 

Article content

Article content

Article content

A Qatar-linked liquefied natural gas carrier that loaded at Ras Laffan earlier this month began its outbound journey Saturday morning. The ship is now navigating the Tehran-approved northern route near Qeshm and Larak islands, tracking data show. 

Article content

By signing up you consent to receive the above newsletter from Postmedia Network Inc.

Article content

If the vessel makes it through, this would be Qatar’s first known LNG export via Hormuz since the war started in late February. The tanker is signaling Port Qasim, Pakistan, as its destination with an expected arrival on May 1.

Article content

Major Persian Gulf producers have moved some crude cargoes across with transponders turned off since Iran effectively closed the chokepoint about 10 weeks ago. But the flows are only a tiny fraction of shipments from the world’s top oil-producing region before the war.

Article content

See: Aramco, Adnoc Sneak Oil Through Hormuz as Iran Menaces Strait

Article content

With surging fuel prices in the US, Trump’s new strategy puts nuclear and missile talks on the back burner to emphasize the reopening of Hormuz. He said the US could revert to “Project Freedom Plus” if diplomatic progress fails to materialize, while Iran was yet to respond to his latest proposal.

Article content

Article content

Recent clashes, including US strikes on two empty Iranian oil tankers, have further tested a month-long ceasefire, with Tehran calling the strikes a violation of the agreement.

Article content

Meanwhile, Iran’s parliament is preparing a legal framework for the Strait of Hormuz that could formalize its control over the waterway, signaling that tensions are unlikely to ease in the near term.

Article content

Widespread AIS signal spoofing has clouded the picture, making independent verification of ship traffic increasingly difficult.

Article content

US Central Command reported on X that its forces have disabled four commercial vessels and redirected 57 others. The operations are part of a targeted effort to block ships from entering or exiting Iranian ports.

Article content

The US naval presence may also be distorting the picture. Iran-linked vessels entering or leaving the Gulf could be switching off AIS signals to avoid detection, making it harder to track flows in real time. As a result, transit counts may later be revised upward when ships reappear further from high-risk waters.

Article content

Even before the US barred movement to and from Iranian ports, it was common for Iran-linked vessels to go dark when approaching Hormuz. Signals were often not restored until well into the Strait of Malacca — around 13 days’ sailing from Iran’s Kharg Island.

Read Entire Article