Two Qatar LNG Tankers headed toward the strait of Hormuz on Monday morning were among those Iran allowed to transit under an Iran-US agreement reached last week via Pakistan, according to source reports

The situation regarding the two Qatar LNG tankers raises concerns over geopolitical tensions in the Strait of Hormuz, a vital passage for global energy supplies. The IRGC's actions to halt the tankers, despite prior agreements, could indicate potential volatility in energy markets, particularly for WTI and LNG prices. Traders should monitor this closely, as any escalation may prompt a risk-off sentiment in the broader markets.