The QatarEnergy-controlled LNG tanker Al Areesh has exited the Strait of Hormuz, marking the first such transit since July 11, 2026, amid an ongoing blockade linked to the war that began in February. While Hormuz transits show a slight uptick, shipping through the Bab el-Mandeb strait has slowed. Additionally, Red Sea crude loadings from Yanbu fell by 30% following a Houthi blockade on Saudi Arabia, forcing tankers to shift routes or operate in the dark to maintain Asian supply lines.
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