Oman-bound tankers transit Hormuz

Oman-bound VLCCs including Dhalkut and potentially Habrut transited the Strait of Hormuz with AIS signals disabled, highlighting evolving risk mitigation during the conflict. These crossings add to a limited number of voyages, with Dhalkut marking the sixth Saudi cargo and Habrut potentially only the second UAE-origin shipment since early March. Kpler data indicates more than 53 million barrels of crude crossed in March, compared with over 440 million barrels in February, reflecting a significant reduction in flows.