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Stranded Oil Ships Clear Out of Gulf as Owners Get Wary Again

Geopolitics & WarEnergy Markets & PricesTransportation & Logistics

Gem No. 2 is the only remaining tanker still trapped in the Persian Gulf with its original cargo, with Stallion also stranded. Mercury Hope has exited on Wednesday, indicating partial resolution but leaving at least two vessels’ disruption ongoing.

Analysis

Gem No. 2 is the only remaining tanker still trapped in the Persian Gulf with its original cargo, with Stallion also stranded. Mercury Hope has exited on Wednesday, indicating partial resolution but leaving at least two vessels’ disruption ongoing.

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Market Sentiment

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mildly negative

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