WorldSeveral Middle Eastern countries secretly shipping oil through Hormuz — news agency

Bloomberg reports that tankers from the UAE, Qatar and Kuwait have been moving through the Strait of Hormuz with their transponders off for months. The covert traffic may exceed the market estimate of 4 million barrels per day but exposes vessels to attack risks. Together with pipeline flows and reserve releases, it is helping limit the conflict’s economic impact.

Strait of Hormuzoil shipmentsMiddle East conflict

TTASS★★★★☆2026-08-16 23:30Original