Russia-Flagged Supertanker Passes Through Hormuz

An empty supertanker flying the flag of Russia has transited the Strait of Hormuz and moved into the Persian Gulf with Iran’s Kharg Island broadcast as its initial destination, Bloomberg reported on Friday, citing vessel-tracking data. The very large crude carrier (VLCC) Arhimeda, built in 2000, moved into the Gulf from the Strait of Hormuz late on Thursday, as the market and analysts are focusing on monitoring how traffic through the chokepoint is now faring after the ceasefire announced on Tue...