Source: Reuters (via feed)
Oil tankers are steering clear of the Strait of Hormuz ahead of a U.S. blockade scheduled for Monday. The move follows failed peace talks between the U.S. and Iran over the weekend, according to shipping data. The data shows vessels diverting from the area prior to the enforcement of the blockade. The development occurred amid no additional information released on the exact scope or enforcement measures of the blockade.
BizTrendWire Insight:
This event involves oil tanker movements related to a planned U.S. blockade after peace talks with Iran did not succeed.
This event involves oil tanker movements related to a planned U.S. blockade after peace talks with Iran did not succeed.
