17-June-2026
Corporate News
 
500 ships hit by Hormuz disruption; trade recovery may take up to 6 months
17-Jun-2026

Around 130-150 million barrels of liquid cargo, ships carrying more than 2 million tonnes of fertilisers, and nearly 500 commercial vessels remain caught in the fallout of the Strait of Hormuz disruption, implying that while tanker traffic could resume within days of a reopening, global supply chains may take up to six months to fully normalise, experts warn. According to Kpler, approximately 130-150 million barrels of liquid supplies are currently loaded on tankers inside the Middle East Gulf (MEG) region. In addition, around 35-45 vessels carrying more than 2 million tonnes of fertilisers remain stranded in the region, with no meaningful export offset through alternative ports. “We are currently tracking approximately 130-150 million barrels of liquids loaded in the Middle East Gulf. Based on current loading levels, it could take roughly 7-10 days for these volumes to exit the region, although the timeline will ultimately depend on vessel traffic conditions and the pace at which tanker movements normalise,” said Nikhil Dubey, senior refining analyst, at Kpler.

News Source:- https://www.financialexpress.com/business/news/500-ships-hit-by-hormuz-disruption-trade-recovery-may-take-up-to-6-months/4269211/