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EconomyUS oil trader makes $2bn tanker bet as carriers avoid Hormuz

A US oil trader is making a $2bn bet on tankers as carriers steer clear of Hormuz. An American security push seeks to encourage Asian refining, while diesel shortages are stoking inflation.

oiltankersHormuzdiesel shortages

FFinancial Times★★★☆☆2026-10-07 15:00Original

US oil trader makes $2bn tanker bet as carriers avoid Hormuz
Economy