Free NewsletterPro Login

Warning: Undefined variable $stocks in /var/www/briefs.co/htdocs/wp-content/plugins/oxygen/component-framework/components/classes/code-block.class.php(133) : eval()'d code on line 448

Warning: foreach() argument must be of type array|object, null given in /var/www/briefs.co/htdocs/wp-content/plugins/oxygen/component-framework/components/classes/code-block.class.php(133) : eval()'d code on line 448

Warning: Undefined variable $funds in /var/www/briefs.co/htdocs/wp-content/plugins/oxygen/component-framework/components/classes/code-block.class.php(133) : eval()'d code on line 472

Warning: foreach() argument must be of type array|object, null given in /var/www/briefs.co/htdocs/wp-content/plugins/oxygen/component-framework/components/classes/code-block.class.php(133) : eval()'d code on line 472
/* the link was here */

The First Qatari LNG Tanker Just Crossed The Strait Of Hormuz Since The War Started

Published May 10, 2026
Share:
Summary:
  • Qatar's Al Kharaitiyat tanker left the Strait of Hormuz and is now in the Gulf of Oman, headed for Pakistan.
  • It's the first Qatari LNG cargo to leave the Persian Gulf since the Iran war began at the end of February.
  • Prewar traffic through Hormuz ran at about three LNG shipments a day.

The Strait of Hormuz has been mostly shut for two months.

On Sunday, two ships got through. One was a Qatari gas tanker headed to Pakistan. That's a small crack in a blockade that has been squeezing the world oil market.

What Just Happened

The QatarEnergy-run tanker Al Kharaitiyat passed through the strait Sunday. It was on its way to Port Qasim, per shipping data firm Kpler. It's the first Qatari LNG ship to cross since the war began Feb. 28.

Sources said Iran approved the trip to build trust with Qatar and Pakistan. Both are mediating peace talks.

The cargo also offers some help to Pakistan. The country has dealt with rolling power blackouts since gas imports stopped.

A Panama-flagged ship bound for Brazil also got through. It used a route set by Iran's armed forces. The ship had tried to cross on May 4 but turned back.

We unpack what oil moves like this mean for your portfolio every morning in Market Briefs - in five minutes a day, with a free investing masterclass thrown in when you sign up.

The Talks Behind The Scenes

Iran sent its reply to a U.S. peace plan Sunday, per the IRNA news agency. Pakistan is mediating, but no details are out yet.

U.N. Ambassador Michael Waltz spoke on ABC's "This Week." He said the Trump White House had not yet seen the reply.

Talks are slow, he said. That's partly because Mojtaba Khamenei, the new Ayatollah and son of the last one, has been hurt. He's now in hiding.

Trump is set to visit China this week. Pressure to wrap up the war is growing.

Qatar's prime minister and Turkey's foreign minister both spoke with Iran's foreign minister this weekend. They both warned Tehran. Using the strait as a pressure tool would only deepen the crisis.

U.S. Secretary of State Marco Rubio also met Italy's prime minister Friday. He pressed Italy and other allies to back U.S. work to reopen the strait.

Why It's Still Tense

The same day the tankers got through, drones lit up the Gulf. The UAE shot down two from Iran. Qatar slammed a drone strike on a cargo ship in its waters from Abu Dhabi. Kuwait's air force took out hostile drones in its airspace.

Iran's lawmakers are drafting a bill. It would lock in Iran's control of the strait and block ships from "hostile states."

Britain said Saturday it's sending a warship to the region. The move is part of a possible joint mission. France is helping draft a safe-transit plan.

A CIA report says Iran wouldn't feel real pain from the U.S. blockade for about four more months. That's per a U.S. official. A senior intel official disputed the claim.

What To Watch

The strait carried about one-fifth of the world's oil supply before the war. Two tankers don't reopen it. The U.S. is still waiting for Tehran's full peace response.

Sign up for Market Briefs and you'll get the morning rundown plus a 45-minute investing course thrown in.

Disclosure

Recent News

1 2 3 … 97

Get Market Briefs delivered to your inbox every morning for free!

No fluff. No noise. No politics. Just finance news you can read in 5 minutes.

Blogs

October 5, 2026
What Is the Briefs Connector? A Simple Guide
  • The Briefs Connector lets your favorite AI read Briefs research, like Pro reports and the Briefs Score.
  • Without it, an AI asked about investing can give answers that sound right but aren't backed by that research.
  • It explains the research, but it won't tell you what to buy or sell.
Read More
October 5, 2026
Is a Recession Coming? What the Last Five Rate Hiking Cycles Say
  • The Fed has started raising rates again, and in the last five hiking cycles going back to 1994, a recession never started while the hikes were underway.
  • The pain showed up where there was a bubble to pop - housing in 2008, dot-coms in 2000, the pandemic money-printing boom in 2022 - and usually after the hikes ended.
  • Private equity and private credit are feeling this cycle first, and how far the pain spreads depends on how high rates go and how long they stay there.
Read More
October 2, 2026
Fed Interest Rates May Rise Again in 2026 - and the Newest Culprit Is AI
  • Fed Governor Barr told a meeting our head of investing research attended that higher rates are likely in 2026, lower inflation may not come soon, and AI is now pushing prices up.
  • The same week, President Trump asked the biggest AI companies to police themselves under an accord that's morally but not legally binding, because the White House sees AI as a race with China.
  • Higher rates put downward pressure on asset prices and squeeze borrowers, but the way through hasn't changed: own investments, buy on a schedule, and treat downturns as discounts.
Read More
October 1, 2026
Housing Market 2026: Why Office Buildings Are Cracking Before Houses Do
  • Office buildings are selling for 80% to 95% off because their five-year loans are resetting at much higher rates while half-empty floors have gutted the income those buildings are valued on.
  • Housing is under pressure, not cracking: a $400,000 mortgage costs $975 more a month than at 3%, but six of every seven mortgages are still under 6% and those owners are staying put.
  • Whether pressure turns into cracks is a race between unaffordability and the economy, and either way Jaspreet's rule is to treat your house as a liability and buy only what you can afford.
Read More
September 30, 2026
Dividend Investing vs. Growth Investing: Why the Slower Portfolio Can End Up Bigger
  • "What stock should I buy?" is the wrong first question. Growth, income, or wealth preservation comes first, and the goal changes which stocks even make sense.
  • At $500 a month for 30 years, 13% growth builds about $1.75 million. 10% growth plus a reinvested 4% dividend builds a little more than $2.2 million and pays a little more than $80,000 a year.
  • Income investors have US dividend ETFs, REITs, and international dividend funds to study. Growth investors have the Nasdaq 100, AI and chip funds, and small caps. None of it is a recommendation.
Read More
September 29, 2026
Why Is Gold Going Down? A 5.2% Treasury Yield Just Took Its Job
  • President Trump rejected Iran's deal to reopen the Strait of Hormuz, oil prices jumped back up, and gold fell instead of rising.
  • Treasury yields hit their highest level in more than 20 years, so investors sold gold and bought Treasuries that pay interest.
  • Higher Treasury yields make the national debt, mortgages, car loans, and credit cards more expensive, with the Fed's next rate decision due October 28.
Read More
September 28, 2026
The Strategic Bitcoin Reserve: Why the Government Wants Bitcoin to Explode
  • The US government holds about 328,000 Bitcoin, worth roughly $25 billion, and since a 2025 executive order it keeps seized coins instead of selling them.
  • Washington wants a bigger pile of assets so its $40 trillion national debt looks smaller next to them, which lets it keep borrowing and spending.
  • Bitcoin's wild price swings, and a government holding a coin built to escape governments, are the two risks investors need to watch.
Read More
September 25, 2026
BRIEFS EXCLUSIVE: 43% Of Respondents Say Bills Outran Their Income Over Past Two Years
  • 43% of the 494 Market Briefs readers surveyed said their bills grew faster than their income over the past two years, even though 79% could cover a surprise $5,000 expense tomorrow.
  • Half of readers own gold or crypto, the two classic bets against a weaker dollar, and only 13% bought nothing at all in the last 12 months.
  • The median reader says it takes $150,000 a year to feel financially secure, about $62,000 above the U.S. median household income.
Read More
September 25, 2026
The Economy Is Booming. So Why Did Stocks and Bonds Fall Together?
  • S&P Global says the US economy is growing at its fastest rate since 2021, with corporate profits up 28.9% in a year, almost four times the historical average.
  • Stocks and bonds fell at the same time, which is not how the two markets normally behave, because Treasury yields above 5% now compete with stocks for investors' money.
  • Jaspreet Singh lays out three ways to invest through a shift like this: always be buying, buy the crash, or follow the money before it hits the headlines.
Read More
September 24, 2026
The 2026 Economic Reset Is Starting: Are We in a Recession, or Is the Pain Still Ahead?
  • The Federal Reserve has flipped from stimulating the economy to fighting inflation with higher interest rates, while the White House still wants growth at almost any cost.
  • The national debt tops $40 trillion, has outgrown the entire U.S. economy, and its interest payments are now the government's fastest-growing expense.
  • Higher rates bring pain for private equity, private credit, and speculative assets, but they open opportunities for investors holding cash, treasuries, and value assets.
Read More
1 2 3 … 28
Share via
Copy link