OilPricecommoditiesNEUTRALMEDIUM
Tankers U-Turn at Hormuz as Iran Tightens Its Grip
Tanker traffic at the Strait of Hormuz has become even more erratic than before, with vessels meandering and U-turning, unsure how to proceed amid escalating security threats and Iran’s insistence of control over the chokepoint. The Amara fuel tanker, which moved into the…