Saudi crude carriers transit Strait of Hormuz
after close1 source ↓written by the desknot a recommendation
- of Saudi crude
- 4 million barrels
Two very large crude carriers loaded with 4 million barrels of Saudi crude are en route to Japan via the Strait of Hormuz. This marks a recovery in traffic through this critical oil chokepoint, following disruptions caused by Iran. Commercial traffic remains at about one-third of pre-war levels, impacting global oil supply dynamics.
Not investment advice. For informational purposes only.