Tankers make U-turns in Hormuz, with some taking Iran route instead
- Posted on July 4, 2026
- By Business News Today
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- 1 min read
Tankers make U-turns in Hormuz, with some taking Iran route instead
Tensions are high in the Persian Gulf as at least eight ships, including oil tankers, reversed course near the Omani coast, signaling Iran's continued assertion of control over the Strait of Hormuz. Despite a US-Iran deal to reopen the waterway, vessels report warnings from Iranian forces. While traffic has increased, it remains below pre-war levels, highlighting ongoing complexities for global oil markets.
