A stranded LNG vessel chartered by India resumes movement following a US-Iran deal, easing supply concerns after three months of delays.
An LNG tanker chartered by India’s Petronet has crossed the Strait of Hormuz after being stranded for over three months due to de facto closure of the waterway. The vessel, loaded with Qatari cargo in early March, began moving east following a recent US-Iran agreement, according to shipping data from Kpler and LSEG.
The tanker had remained stationary on the west side of the strait since March, disrupting energy supply routes. While its exact destination remains unconfirmed, a source indicated the cargo is bound for India’s Dahej terminal. The resumption of movement signals potential easing of regional shipping bottlenecks.
The development follows reports of shadow fleets operating in the area despite geopolitical tensions. Analysts view the tanker’s progress as an early positive sign for energy markets, though broader implications depend on whether additional vessels follow suit.