U-Turning Oil Supertankers Cross Hormuz After Avoiding It (2)

Two supertankers, each capable of hauling about 2 million barrels of crude, headed through the Hormuz shipping strait at the mouth of the Persian gulf, having performed U-turns in the past 24 hours.

On Sunday, the Coswisdom Lake and South Loyalty entered the waterway and abruptly changed course, according to vessel tracking data compiled by Bloomberg. After a pause, both then headed back through Hormuz. One was almost through and the other entering it, signals from each showed on Monday.

The two vessels’ movements into the world’s most important oil-producing region come as shipbrokers and others in the oil tanker ...