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economicJun 18, 2026

Three Saudi oil tankers carrying 6 million barrels cross Strait of Hormuz

Summary

- The three Saudi tankers switched their transponders on Thursday after hiding their location for more than two months. - President Donald Trump and Iranian President Masoud Pezeshkian signed a deal Wednesday that is supposed to reopen Hormuz.

Source: Spencer Kimball — Read the full report

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Iran

Sources

  • Spencer KimballBy Spencer Kimball

    - The three Saudi tankers switched their transponders on Thursday after hiding their location for more than two months. - President Donald Trump and Iranian President Masoud Pezeshkian signed a deal Wednesday that is supposed to reopen Hormuz. - At least five Iranian ships have c…

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