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Three Supertankers Carrying 6 Million Barrels Exit Strait Of Hormuz
Three Supertankers Carrying 6 Million Barrels Exit Strait Of Hormuz
Three commercial supertankers carrying a combined 6 million barrels of Middle East crude oil have successfully exited the Strait of Hormuz, according to Reuters.
The vessels departed the strategic waterway on Wednesday, after being stranded inside the Persian Gulf for over two months, lending hope to an end to the closure of the strait.
The crude cargoes were split evenly among three Very Large Crude Carriers (VLCCs) heading to Asian refining hubs. The first was Universal Winner, a South Korean-flagged supertanker carrying...
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Jul 6, 2026 / Tyler Durden
Nvidia Turns Green After Denying Report Its Kyber Server Rack Has Been Delayed
May 7, 2026 / Tyler Durden
Hormuz To Year-End: Bullish Or Bearish?
Hormuz To Year-End: Bullish Or Bearish?
With hopes of a permanent truce being continually undermined by minor skirmishes and blockade infringements, it remains unclear whether this war is close to ending. And while oil prices gyrate from one Trump Truth post to the next, two weeks of Brent above $100/barrel (only just inching below as of this morning) suggests the market is not buying into the quick resolution narrative.
Though it is worth asking the question, what if the peace talks are truly different this time?
Joining ZeroHedge tonight at 7pm ET...
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Jun 3, 2026 / Dave DeCamp
Israel Killed 119 Palestinians in Gaza in May, the Highest Monthly Death Toll of the Year
Israeli forces killed at least 119 Palestinians in Gaza in May, marking the highest monthly death toll of the year, Middle East Eye reported on Wednesday, citing numbers from Gaza’s Health Ministry. Israel has been constantly violating the US-backed ceasefire deal that was signed in October 2025 and has intensified its attacks after the US […]
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