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Following a US-Iran deal that has the Strait of Hormuz poised to reopen, Qatar has begun repositioning LNG carriers to the Middle East to prepare for higher exports. Vessel-tracking shows at least four Qatar-owned empty LNG carriers that were idle or diverted are now turning back toward the region, with Ras Laffan listed as their next port; a Qatar-chartered ship is also en route. Separately, four Qatar-linked tankers are anchored in the Gulf of Oman and may attempt transit through Hormuz into the Persian Gulf. Qatar has not sent empty ships into the Gulf since the February outbreak of war. The moves account for only a small portion of Qatar’s roughly 70-vessel fleet but signal readiness to lift shipments if the strait reopens.

Fed Chair KEVIN WARSH said press conferences are a very effective means of communication and he hopes to use them to convey important information.