Delays to crude loading at a vital Omani terminal outside of the Strait of Hormuz last…
Tag: strain
Oil steadies after clashes around Hormuz strain fragile truce
Oil steadied after Monday’s jump, as traders tracked the increasingly fragile four-week ceasefire in the Middle…
Iran juggles oil cuts and storage strain to resist U.S. blockade
As the US naval blockade in the Strait of Hormuz tightens around Iran’s oil trade, exports have plunged…