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Hormuz Tanker Traffic Slows to a Trickle
Tanker traffic via the Strait of Hormuz slowed further over the weekend, maintaining upward pressure on oil prices.
Source OilPrice Story Brief Updated 1h 57m ago
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Story Brief
Tanker traffic via the Strait of Hormuz slowed further over the weekend, maintaining upward pressure on oil prices. At the time of writing, Brent crude was trading at $88.62 per barrel, with West Texas Intermediate at $82.18 per barrel. Earlier in the session, Brent crude broke above $89 per barrel before falling back.
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