News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
Increase in Supertankers Passing Through Strait of Hormuz; Report Says Vessel Seized by Iran
Bloomberg cited ship-tracking data showing signs of an increase in the number of supertankers transporting unauthorized oil through the Strait of Hormuz. Since May 10, four tankers...
Reset
Send
The window will close in 5 seconds
Increase in Supertankers Passing Through Strait of Hormuz; Report Says Vessel Seized by Iran
Close
Recommend
2
Positive
2
Negative
2
 
SHORT SELL
 
STOCK INFO
aacat by AASTOCKS
Open a new trading account to get 1 Intel/Gold ETF share!

Bloomberg cited ship-tracking data showing signs of an increase in the number of supertankers transporting unauthorized oil through the Strait of Hormuz. Since May 10, four tankers each carrying 2 million barrels of crude oil have departed the Strait of Hormuz, with average daily shipments nearing 2 million barrels.

Before the Iran war, around 20 tankers of various sizes transited the waterway each day. Oil traders are now closely monitoring crude flows through the Strait of Hormuz, as disruptions to the waterway have reduced global oil supply by about 1 billion barrels.

Related NewsReport: Amazon.com, Inc. (AMZN.US) Staff Use AI Tools for Non-Essential Tasks to Boost Token Consumption Metrics
According to maritime risk management firm Vanguard, a vessel named Hui Chuan, located northeast of Fujairah in the United Arab Emirates, has been detained by Iranian military personnel. Reports said the ship was carrying weapons stored by an insurance company.

Separately, Indian officials said that before the Hui Chuan was seized, an Indian-flagged cargo ship exploded and sank near the coast of Oman on Wed (13th), suspected to have been struck by a drone or missile.




Related NewsPPI YoY for Apr in United States is 6.0%, higher than the previous value of 4.3%. The forecast was 4.9%.
Auto-translated by AI
View Original Text
This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.

AASTOCKS Financial News
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.