8 hours ago
Middle East's Oil Continues to Flow Despite Israel-Iran Attacks
A week since Israel and Iran started to exchange missile barrages, oil tanker transits through the critical Strait of Hormuz have remained largely steady.
A seven-day rolling average for oil tankers above 10,000 deadweight tons that sailed through the Strait — the passageway for the Persian Gulf's energy supplies to the world — was approximately 42-to-45, according to vessel-tracking data compiled by Bloomberg.