Oil shipments through the Strait of Hormuz are at a near-standstill as producers and tanker owners clash over who bears transit risk. The standoff is driving freight rates higher and adding pressure to already strained global supply flows.
Oil shipments through the Strait of Hormuz are at a near-standstill as producers and tanker owners clash over who bears transit risk. The standoff is driving freight rates higher and adding pressure to already strained global supply flows.