breaking
Freightwatch Reporter
Freightwatch.news
Friday, May 15, 2026
Abu Dhabi National Oil Co. is continuing to export liquefied natural gas through the Strait of Hormuz while operating vessels with disabled transponders, according to shipping data. The strategy allows the state producer to maintain fuel flows despite regional tensions threatening transit routes. At least two India-bound liquefied petroleum gas tankers have successfully transited the critical waterway since the weekend, bringing the number of major energy shipments through Hormuz to ten in recent days. Iraq is offering steep discounts on crude oil to buyers willing to navigate the passage, signaling producer desperation to move barrels. The transponder shutdowns align with similar practices at major export hubs across the Persian Gulf, where operators cite safety concerns amid escalating hostilities in the region.