India Eyes Direct Gulf Oil Loading Despite Hormuz Blockade
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AI-Powered 50% FREE-ANALYSIS-RULE-BASED-ANALYSISFinancial market analysis indicating neutral sentiment based on current trends.
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India plans to send empty tankers into the Strait of Hormuz to load oil supplies from the Gulf producers in a first such Indian move west of the chokepoint for loading crude and LPG since the Iran war began, sources with knowledge of the matter told Bloomberg on Wednesday. Despite the closed Strait of Hormuz, which has now been nearly inaccessible for 80 days, India has seen some shipments out of the Gulf pass through the critical chokepoint, likely with the blessing of both Iran and the U.S., which have been separately blockading the shipping…
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Financial market analysis indicating neutral sentiment based on current trends.
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