Oil Tankers U-Turn, Rush to Middle East Before Hormuz Reopening

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Oil Tankers U-Turn, Rush to Middle East Before Hormuz Reopening

Two oil tankers heading toward Africa have u-turned in the Indian Ocean this week, switching their destinations to the Middle East as shipowners race to re-position vessels ahead of the possible reopening of the Strait of Hormuz.

Two oil tankers heading toward Africa have u-turned in the Indian Ocean this week, switching their destinations to the Middle East as shipowners race to re-position vessels ahead of the possible reopening of the Strait of Hormuz.