The two ships were allowed passage through the strait — which has been all but closed for nearly two weeks — after a deal between New Delhi and Tehran.
Both Germany and France objected, saying that allowing Russia to sell its oil to countries that previously imposed sanctions would increase the money available for Russia’s war in Ukraine.
Since the U.S.-Israel war with Iran began, transportation through the vital Strait of Hormuz route has come to a standstill, briefly driving oil prices up close to $120 a barrel.
The latest supply-chain news, analysis, trends and tools for executives in the chemicals and energy industries. Learn how chemical and energy companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
Subscribe to our Daily Newsletter!
Timely, incisive articles delivered directly to your inbox.