Bloomberg·1 min read·medium
The Supertanker Tycoon Making Millions on Hormuz Shuttle Runs - Bloomberg
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Weilun Soon, Alex Longley, Anthony Di Paola
✦AI Summary
A major oil producer has been covertly transporting crude oil out of the Strait of Hormuz to bypass regional tensions. The operation has proven highly profitable for the shipping tycoon involved.
Just a few weeks into the war, one of the Persian Gulfs top oil producers quietly began sneaking its crude out of the Strait of Hormuz. Before long, the covert project became so successful that the U…
businessworldeconomy
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