Shipowners are watching warily for a peace deal between the US and Iran and what it would mean for the Strait of Hormuz, with some tanker owners expressing caution, while others were already predicting a frantic free-for-all if the waterway opens in earnest.
There are about 127 oil tankers currently inside the Persian Gulf, according to Signal Maritime data — although it warns the figure is hard to be confident of. Dozens of others have positioned themselves near the strait, to be ready to take advantage of a surge in demand if traffic resumes.
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