UAE Uses ‘Ghost’ Tankers Through Hormuz as Oil Benchmarks Hold Amid Geopolitical Risk

The United Arab Emirates is reportedly moving crude through the Strait of Hormuz using tankers with disabled transponders, mirroring tactics previously associated with sanctioned Iranian shipments, to circumvent disruptions linked to Iran’s blockade posture. The strategy underscores ongoing supply risk around the chokepoint and could inject intermittent volatility into Oil – Brent Crude and Oil – US Crude benchmarks as traders reassess geopolitical risk premia.

Over the past month, Brent has slipped about 1.17%, while U.S. crude has dropped nearly 12%, reflecting a market leaning more toward demand concerns and robust non-OPEC supply than toward persistent Middle East tensions. On a daily basis, both Brent and WTI register a Hold signal, suggesting technical indicators remain inconclusive despite elevated headline risk; Investors can explore more updates, prices, and analysis across global markets at Commodities.