Japan-Linked Tankers Avoid Hormuz in Middle East Crude Transfers

Japan-linked tankers are collecting Middle Eastern crude through ship-to-ship transfers while avoiding the Strait of Hormuz, showing that energy flows remain disrupted around the key export route. The transfers are taking place in the Gulf of Oman, including waters near Oman and Fujairah. Offshore vessel-to-vessel transfers allow Japan-bound cargoes to move without sending the receiving tankers into the Persian Gulf. Nearly 3.7 million barrels moved through Middle Eastern ship-to-ship transfers by early October, approaching the roughly 4 million barrels recorded during all of September.

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