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Home›Commodities›Energy›Tanker traffic at Strait of Hormuz grinds to a halt af…

Tanker traffic at Strait of Hormuz grinds to a halt after U.S.-Iran escalation

Bloomberg reported only one tanker was moving through the waterway, and it was a sanctioned very large crude carrier.

Reported · Written up by our desk · Energy

OilPrice reports that tanker traffic through the Strait of Hormuz has largely stopped after the U.S. and Iran resumed missile fire and President Trump declared the ceasefire over.

According to Bloomberg, earlier in the day there was only one tanker moving along the waterway, described as a sanctioned very large crude carrier.

Latest closeWTI crude $74.03 ▲5.1%

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Sources

OilPriceHormuz Tanker Traffic Grinds to a Halt After U.S.-Iran Escalation

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