Strait of Hormuz Shipping and Oil Flows Rise as Gulf Output Increases
Oil flows through the Strait of Hormuz are rising as Gulf producers accelerate output, with shipping traffic showing a slight increase, according to data.
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Shipping traffic through Strait of Hormuz rises slightly, data shows - Reuters
Shipping traffic through Strait of Hormuz rises slightly, data shows Reuters
Read full article →Hormuz Oil Flows Rising as Gulf Giants’ Ramp Up Accelerates
The flow of crude through the Strait of Hormuz is creeping higher as producers across the Middle East boost exports in the face of Iran’s lingering threat to shipping. The increase is keeping global crude oil prices in check.
By Alex Longley, Julian Lee and Yongchang Chin
Read full article →Shipping traffic through Strait of Hormuz rises slightly, data shows
Shipping traffic at the Strait of Hormuz rose slightly even as a standoff persisted between the United States and Iran, data showed on Thursday, while the market monitored Iran-Oman talks about the waterway. Visible commodity vessel transits at Hormuz totalled 10 on Wednesday, up slightly from eight on Tuesday, data from Kpler showed. This was […]
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