Supertankers Turn Away From Gulf Oil Transfer Hub Amid Iranian Attacks
MT newswire2026/10/12 22:51Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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06:51 PM EDT, 10/12/2026 (MT Newswires) -- At least 10 very large crude carriers and several Suezmax tankers approaching Fujairah in the United Arab Emirates have stopped or reversed course amid escalating Iranian attacks, raising concerns over Persian Gulf oil exports, Bloomberg reported Monday, citing tanker-tracking data. The report said a shortage of receiving tankers could slow crude shipments by keeping shuttle vessels occupied for longer. However, some vessels are continuing toward the region despite near-daily attacks around the Strait of Hormuz, Bloomberg said.
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