japantimes.co.jp

Mitsui OSK Expects Strait of Hormuz Shipping Disruption to Extend Past 2026

Mitsui O.S.K. Lines logoMitsui O.S.K. Lines
Sig3.04Sen-4.07Env-0.28Soc-2.32Gov-0.73

Mitsui OSK Lines head Jotaro Tamura says disruption in the Strait of Hormuz will likely last longer than expected as renewed attacks raise risks for tankers carrying Middle Eastern oil. He doubts any form of operations can resume by year-end and expects Japan’s refiners to keep rerouting supplies and drawing stockpiles, with the timeline likely slipping and crude flows affected.

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