ADNOC sells over 12 million barrels of crude at premiums to Asian refiners amid tightening supplies and U.S.-Iran tensions.

ADNOC sells over 12 million barrels of crude at premiums to Asian refiners amid tightening supplies and U.S.-Iran tensions.

Commonwealth Bank of Australia said in a note on Friday that stronger oil flows through the Strait of Hormuz had eased market concerns after U.S.-Iran strikes earlier this week.