Report: Iranian Tankers Evade U.S. Naval Blockade in Strait of Hormuz, Ceasefire Holds Amid Oil Price Volatility Approximately 34 Iranian oil tankers have reportedly bypassed a U.S. naval blockade imposed on the Strait of Hormuz, according to a report from the Financial Times (FT) published on Wednesday, April 22. The reported evasion of the naval cordon, which occurred in recent days, included 19 tankers exiting the Persian Gulf and 15 entering from the Arabian Sea. Six of those vessels were carrying Iranian crude oil, with an estimated cargo worth $910 million, the report stated [1]. The development follows an escalation on…
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