Ship-tracking data show Disha, an LNG tanker trapped in the Persian Gulf for
more than three months, is moving toward the Strait of Hormuz. Disha is
currently north of the UAE and approaching Oman; it loaded LNG from Qatar’s Ras
Laffan facility around March 1 and had been unable to depart until now. The US
and Iran say they reached an agreement to reopen the strait, but details remain
unclear; owners and traders remain cautious and other shipping activity around
the strait appears constrained.