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Oil tanker earnings drop $200,000 as more ships enter Strait of Hormuz
Oil tanker earnings drop $200,000 as more ships enter the Strait of Hormuz. Traffic returns to normal by end of June at 7.5% YES.
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cnbc.com
Oil tankers with 35 million barrels exited Persian Gulf through Strait of Hormuz since Iran deal
The jump in oil exports comes as the threat level for ships crossing Hormuz has been downgraded to "moderate."
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Oil prices erase wartime gains as supply concerns ease with Hormuz tanker traffic resuming
Oil prices fell as investors bet global crude supplies will improve, as tankers stranded in the Persian Gulf for months have begun leaving the Strait of Hormuz.
