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LN24 > Blog > global oil market
20
May

Tankers Exit Strait of Hormuz with 6 Million Barrels of Crude Oil

  • LN24 / 4 weeks
  • 0
  • 4 min read

Major Oil Shipments Successfully Leave Strategic Waterway Three supertankers carrying a combined 6 million barrels of crude oil successfully exited the Strait of Hormuz on Wednesday, marking a significant development for global energy markets as tensions continue to simmer in the Gulf region. According to shipping data from Kpler and LSEG, the vessels transported crude […]

Iranian Parliament Backs Strait of Hormuz Closure
23
Jun

Iranian Parliament Backs Strait of Hormuz Closure

  • LN24 / 12 months
  • 0
  • 8 min read

Oil Market Braces for Turmoil Iranian state-owned outlet Press TV has released a new report quoting Major General Kowsari, a senior member of the Iranian Parliament’s National Security Commission, who stated that the Parliament has reached the conclusion that the Strait of Hormuz should be closed, but the final decision in this regard lies with […]