The U.S. Navy’s blockade on Iranian shipping continues to intercept vessels in the Gulf of Oman, though some empty tankers are still slipping through, according to a report from TankerTrackers.com cited by The Maritime Executive. Central Command has stated that since the blockade’s launch in April, forces have turned back 81 vessels and detained four others. The mission aims to increase economic strain on Iran and push the regime to resume stalled negotiations with the United States.

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While the blockade has been largely effective at preventing laden Iranian tankers from leaving the Gulf and delivering oil, and has mostly blocked empty tankers traveling westbound, some still manage to cross. TankerTrackers.com reported that three sanctioned tankers in ballast recently passed the blockade line in the Gulf of Oman and transited the Strait of Hormuz. Their combined capacity is roughly 1.9 million barrels, which if loaded at an export terminal would allow Iran to maintain its standard pumping rate for one extra day, delaying additional production shut-ins. The consultancy also identified a sanctioned, Russian-flagged product tanker that has crossed and re-crossed the U.S. blockade line at least three times, based on AIS data and satellite imagery, without a clear commercial purpose.

At least six empty tankers remain moored near Kharg Island awaiting loading, not including vessels at other locations, the firm noted. However, the island’s terminals have not seen any laden crude tanker departures for six days, according to maritime security firm Windward. Loadings have likely been disrupted by a large-scale spill from one of the island’s terminals earlier this month. Iranian officials have attributed the spill to a tanker dumping oily waste, and the terminal operating company has denied any leakage from its infrastructure.

Iran’s ongoing blockade of Gulf nations’ maritime traffic continues to pressure global oil supplies. Iraq exported only 10 million barrels of oil in April, a steep drop from 93 million barrels the previous month, according to its oil ministry. With peace talks between the U.S. and Iran showing no signs of progress and global reserves being drawn down steadily, oil prices have risen again: Brent crude regained momentum and climbed above $110 per barrel as of early Monday morning.

Source: IndexBox Market Intelligence Platform