-- Indonesia's state energy firm Pertamina has been forced to halt the planned movement of two oil tankers after renewed disruptions in the Strait of Hormuz, following Iran's reversal of its decision to reopen the key shipping route, the Jakarta Globe reported Monday.
The vessels, Pertamina Pride and Gamsunoro, remain stuck in the Persian Gulf and are unable to exit through the strait, which connects the region to the open ocean. Pertamina International Shipping said it is closely monitoring the "highly dynamic" situation while coordinating with authorities to secure safe passage for the ships and their cargo, according to the report.
The Strait of Hormuz, a key route for global oil shipments, has faced repeated disruptions amid rising tensions between the US and Iran. This has pushed Brent crude prices higher as markets worry about potential supply risks. the news outlet said.
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