Qatari LNG Tanker U-Turns in Hormuz Amid US-Iran Tensions

A Qatari LNG tanker abruptly reversed course in the Strait of Hormuz, an incident occurring on day 72 of the U.S.-Iran conflict following a failed diplomatic proposal from Tehran.

11 May, 11:45 — 11 May, 11:45

Post Share

Sources

Showing 1 of 1 sources

zerohedgeLow114d ago

Qatari LNG Tanker Abruptly U-Turns In Hormuz Chokepoint After Weekend Transit Breakthrough

Qatari LNG Tanker Abruptly U-Turns In Hormuz Chokepoint After Weekend Transit Breakthrough Day 72 of the U.S.-Iran conflict opened with yet another failed diplomatic off-ramp. Tehran on Sunday submitted a counterproposal to the Trump administration's plan to end the war, but President Trump swiftly rejected it as "totally unacceptable," pushing WTI crude futures roughly 3% higher to $98 a barrel as traders slightly repriced the war-risk premium higher for a prolonged Strait of H...

By Tyler Durden

Read full article →

Qatari LNG Tanker U-Turns in Hormuz Amid US-Iran Tensions

Sources

Qatari LNG Tanker Abruptly U-Turns In Hormuz Chokepoint After Weekend Transit Breakthrough

Related Stories

Berkshire Hathaway Signals Intent to Increase Stakes in Japanese Trading Houses

Rising US-Iran Military Tensions Spark Regional War Fears and Oil Volatility

Diversified Energy to Acquire Elliott-Backed Birch Energy for $1.8 Billion

Emergency Landing of Plane Carrying US Homeland Security Chief Mullin