economy

Greek Interest Tanker Crosses Strait of Hormuz with 1 Million Barrels of Oil

Friday, 27 March 2026/CretaOne/1 

A Greek interest tanker, the Marathi, has successfully crossed the Strait of Hormuz, carrying approximately 1 million barrels of crude oil from Saudi Arabia. The tanker, measuring around 900 feet in length, made the passage at a time when many shipping companies are avoiding the route due to the conflict in Iran.

The Marathi's journey is significant, given the current geopolitical tensions in the region. The tanker's cargo is valued at millions of dollars, and its safe passage is a welcome development for the global oil market.

The incident highlights the importance of the Strait of Hormuz as a critical waterway for international oil trade. Greek shipping companies have a long history of navigating these waters, and the Marathi's successful passage is a testament to their expertise and experience.