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LNG Tankers Resume Hormuz Transit Amid Ceasefire Talks

Financial Times Companies •
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Two liquefied natural gas tankers have successfully passed through the Strait of Hormuz, marking a potential turning point in one of the world's most critical shipping corridors. The vessels, carrying LNG from Qatar destined for China and Pakistan, are now navigating the Arabian Sea after previously being stranded following Iran's disruption of maritime traffic in February.

The transit occurs during intense U.S.-Iran negotiations aimed at extending a fragile ceasefire by 60 days, with mediators pushing for a deal to reopen the waterway. President Trump has identified reopening the strait as a priority amid the worst global energy crisis in decades, as approximately one-fifth of the world's oil and LNG normally flows through this narrow channel.

Shipping data reveals one LNG tanker, the Al Rayyan owned by QatarEnergy Marine, completed its first delivery since February 26 after broadcasting its position from the strait's eastern side early Monday. Another vessel doubled back during transit before resuming its course at high speed, highlighting the cautious approach being taken. These movements suggest shipping lines are testing the waters as diplomatic progress emerges.

The successful passage of three vessels—including a crude tanker bound for China—signals renewed confidence in the region's maritime security. With global energy markets closely watching the ceasefire extension talks, the return of commercial traffic through Hormuz provides a tangible indicator that supply chains may be stabilizing after months of disruption.