90 Ships Cross Strait of Hormuz as Iran Exports Millions of Barrels of Oil Despite War
Despite ongoing hostilities and major disruptions to maritime activity, dozens of vessels — including oil tankers — have continued to pass through the Strait of Hormuz since the war with Iran began, allowing Tehran to keep exporting significant volumes of crude even as much of the waterway remains restricted, according to shipping and trade data.
A large portion of these crossings involved so-called “dark” vessels operating without standard tracking, likely to avoid Western sanctions and scrutiny, according to maritime analytics firm Lloyd’s List Intelligence. More recently, ships connected to countries such as India and Pakistan have also managed to navigate the strait, following stepped-up diplomatic efforts.
With oil prices surging past $100 per barrel, President Donald Trump has urged allies and trading partners to deploy naval forces to reopen the critical route, aiming to bring down soaring energy costs.
Since early March, when the conflict began, most commercial traffic through the Strait of Hormuz — a vital global artery that carries about one-fifth of the world’s oil supply — has largely come to a halt. Around 20 vessels have reportedly been attacked in the area during this period.
Even so, Iran has continued exporting substantial amounts of oil, with estimates from analytics firm Kpler placing shipments at more than 16 million barrels since the beginning of March. Due to sanctions and geopolitical considerations, China has remained the primary buyer of Iranian crude.
There has been “continued resilience” in Iran’s oil export volumes, said Kpler trade risk analyst Ana Subasic.
Iran has also managed to maintain revenue from these exports while keeping its supply routes intact, partly by leveraging its control over the strategic chokepoint, said Kun Cao, client director at consulting firm Reddal.
Shipping data appears to support these export estimates.
Between March 1 and 15, at least 89 vessels — including 16 oil tankers — transited the strait, according to Lloyd’s List Intelligence. This is a sharp decline from the typical 100 to 135 daily crossings before the war. Of those ships, more than 20 percent were believed to be linked to Iran, with others associated with countries such as China and Greece.
Additional vessels have also been able to pass through.
One example is the Pakistan-flagged crude tanker Karachi, operated by the Pakistan National Shipping Corporation, which successfully moved through the strait on Sunday, according to Lloyd’s List Intelligence.
A spokesperson for the Pakistan Port Trust, Shariq Amin, declined to specify the exact route taken by the MT Karachi but said the vessel was expected to arrive safely in Pakistan.
Two India-flagged liquefied petroleum gas carriers — Shivalik and Nanda Devi — owned by the state-run Shipping Corporation of India, also transited the strait around March 13 or 14, according to the same data. LPG serves as a key household fuel for millions in India.
India’s foreign minister, Subrahmanyam Jaishankar, told the Financial Times that the vessels were able to pass following discussions with Iran. Iraqi officials have also reportedly engaged in talks with Tehran to secure passage for their oil tankers.
According to Richard Meade, editor-in-chief of Lloyd’s List, these movements may be occurring “with at least some level of diplomatic intervention,” suggesting Iran may have established “effectively created a safe corridor” along parts of the route, particularly near its coastline.
Some ships traveling near or through the strait have reportedly identified themselves as linked to China or staffed entirely by Chinese crews to reduce the likelihood of being targeted, according to earlier analysis from MarineTraffic. Analysts say this reflects reliance on China’s relatively closer ties with Iran.
Oil prices have climbed more than 40% since the conflict began, surpassing $100 per barrel. Iran has warned that it may block “even a single liter of oil” bound for the United States, Israel, or their allies from passing through the strait.
In an effort to stabilize markets, the United States has allowed Iranian oil tankers to continue transiting the waterway. “The Iranian ships have been getting out already, and we’ve let that happen to supply the rest of the world,” Treasury Secretary Scott Bessent said in an interview with CNBC on Monday.
Although U.S. forces have targeted Iranian military sites on Kharg Island — a key hub for oil exports — President Donald Trump has indicated that Iran’s oil infrastructure has largely been spared for now.
The continued movement of ships suggests the strait has not been entirely shut down, but rather controlled in a selective manner. As Kun Cao explained, “It is better understood as closed selectively against some traffic, while still functioning for Iranian exports and a narrow set of tolerated non-Iranian movements.”
Still, analysts warn that Iran could tighten restrictions further if it seeks to drive up global energy prices. Strategists at ING, including Warren Patterson and Ewa Manthey, noted that if Tehran aims to “inflict pain through higher energy prices, the number of tankers it allows through the Strait of Hormuz may be very limited,” according to a recent research note.
{Matzav.com}
