According to data compiled by Vortexa and reported by Bloomberg, around 40 very large crude carriers (VLCCs) loaded with non-sanctioned crude from Gulf producers are currently positioned inside the Persian Gulf.
Approximately 80 million barrels of crude oil are currently on standby, loaded onto 40 very large crude carriers (VLCCs) in the Persian Gulf. These shipments from Gulf producers are poised to cross the Strait of Hormuz. Their movement is contingent upon a potential US-Iran peace…
Market Samachar is a news aggregator. This article was originally published by NDTV Profit - Latest. Tap the button above to read the full story on their site.