Strait of Hormuz Reopens, Enabling 80 Million Barrels of Oil and First India‑bound LNG Shipment

A tentative U.S.–Iran peace agreement has led to the reopening of the Strait of Hormuz, one of the world’s most critical energy chokepoints. Industry data show that about 40 Very Large Crude Carriers—holding roughly 80 million barrels of non‑sanctioned Gulf crude—are poised to transit the strait, with destinations aimed at Asian markets, including China and ship‑to‑ship hubs near Malaysia and Singapore. The resumption has already seen three Saudi super‑tankers reappear in the Gulf of Oman and a modest decline in crude prices to around $75 a barrel.

At the same time, Iran’s newly created Persian Gulf Strait Authority has introduced a permit and registration regime requiring vessels to submit transit requests at least 48 hours in advance and secure insurance before entering the waterway. These rules are intended to safeguard commercial traffic as the route regains normal operations.

In a related milestone, the LNG carrier MT Disha successfully docked at India’s Dahej Port after crossing Hormuz, delivering 62,370 metric tonnes of LNG loaded in Qatar. The arrival marks the first India‑bound LNG shipment through the strait since the peace deal and underscores the importance of the reopened corridor for India’s energy security.