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"Dark" Tanker Fleet Shatters Iran's Hormuz Stranglehold As Gulf Oil Exports Top Two-Thirds Of Pre-War Level

"Dark" Tanker Fleet Shatters Iran's Hormuz Stranglehold As Gulf Oil Exports Top Two-Thirds Of Pre-War Level Brent crude futures initially jumped overnight after The Wall Street Journal reported that President Trump has no interest in reviving the memorandum of understanding (interim peace deal) reached with Iran in June. The war-risk premium in Brent has since faded in New York premarket trading amid mounting developments this week that major Gulf producers, including Kuwait and Qatar, are increasing tanker flows through the Strait of Hormuz. Emerging diplomatic traction between Oman and Iran...
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Oct 16, 2026 / Tyler Durden
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Mass Casualties In New Houthi Missile Barrage On Riyadh's International Airport
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