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ConflictData: Fewer tankers enter Strait of Hormuz to load oil, LNG floating storage rises
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According to data reported by The Business Times Singapore on July 20, 2026, the number of tankers entering the Strait of Hormuz to load oil has significantly decreased, while floating storage of LNG has increased. The article notes that both Iran and the United States are attempting to exert control over the strategic waterway, which is a critical chokepoint for global energy shipments. The reduced tanker traffic and rising floating storage indicate potential disruptions or heightened tensions in the region, affecting oil and LNG supply chains.
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Publication Date: 2026-07-20 00:36:18
Few Tankers Enter Hormuz to Load Oil, LNG Floating Storage Rises, Data Shows
Both Iran and the US are trying to exert control over the strait.
Published: Mon, Jul 20, 2026 · 07:33 AM Updated: Mon, Jul 20, 2026 · 08:36 AM
[SINGAPORE] The number of ships transiting the Strait of Hormuz to load oil and liquefied natural gas (LNG) has declined, while floating storage for these commodities has increased, according to recent data.
The developments come as both Iran and the United States seek to assert influence over the strategic waterway, a critical chokepoint for global energy shipments.
- A vessel at the Strait of Hormuz, as seen from Musandam, Oman, July 17, 2026. PHOTO: REUTERS
Source
The Business TimesRegional
Part of this Story
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