Covert Mideast oil flows are keeping global prices in check

🌐 The Japan Times (Japan) —

AI Summary

Oil is being covertly transferred through the Strait of Hormuz to tankers in the Gulf of Oman at full capacity despite recent vessel attacks. These hidden oil flows are helping to stabilize global oil prices amid regional conflicts.

The trade of ferrying oil through the Strait of Hormuz undetected to tankers in the Gulf of Oman is running at full tilt, despite recent attacks on vessels.

World Politics Markets Commodities Energy Shipping oil Strait of Hormuz Gulf of Oman covert flows vessel attacks global prices Middle East

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