First LNG ship reaches India through Hormuz after peace deal

First LNG ship reaches India through Hormuz after peace deal The liquefied natural gas (LNG) carrier MT Disha has docked in India’s Dahej Port, marking the first energy vessel to transit the Strait of Hormuz since the US-Iran peace agreement and the lifting of the US naval blockade. Shipping traffic has begun to resume through the chokepoint, which is crucial for India’s energy imports. The resumption of traffic is expected to help stabilize global energy prices after hostilities had halted a significant portion of global energy transit.

• The LNG carrier MT Disha docked at Dahej Port in Gujarat, India, shortly after the US-Iran peace agreement was announced.
• This marks the first energy vessel to cross the Strait of Hormuz and reach India since the US naval blockade of Iran was lifted.
• Shipping traffic through the Strait of Hormuz had largely halted due to hostilities, impacting India’s significant energy imports.
• India relies heavily on the Strait for crude oil, LNG, and LPG imports, and has been seeking alternative sources amid disruptions.
• Several other tankers, including Saudi oil supertankers and an Iranian products tanker, have also moved through the strait recently.