Tankers Fear Hormuz Transit as Iran Stops Vessels

An empty Malta-flagged, Greece-managed oil products tanker halted at anchor in the Strait of Hormuz near Oman early on Monday as vessel owners and operators grow increasingly wary of attempting to transit the Strait in either direction following the re-escalation of hostilities.

The Kavomaleas oil products tanker signaled early on Monday that it is located in the Persian Gulf, at anchor and empty off tip of Oman’s Musandam Peninsula.

The tanker’s previous signal broadcast was in the Gulf of Oman early on Sunday local time, according…