Japan's Mideast Crude Supply to Rebound in July as Stranded Vessels Exit Hormuz

By Yuka Obayashi and Florence Tan

TOKYO/SINGAPORE, July 7 (Reuters) – Japan will receive a boost in Middle East crude supply this month as two more stranded Japanese-owned supertankers carrying Saudi oil were exiting the Strait of Hormuz on Tuesday, shipping data showed.

The two tankers joined a fleet of previously stranded vessels that left a day earlier, raising the total volume of crude oil aboard Japan-linked vessels exiting the strait to 16 million barrels this week, reducing the amount of oil stuck in the Gulf.

One of the tankers is owned and managed by Nippon Yusen KK 9101.T