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Iran Says It Will Take Action Against Sinokor Ships in Hormuz

Source: Bloomberg

Geopolitics & WarEnergy Markets & PricesTransportation & Logistics

Iran’s Persian Gulf Strait Authority said it would take “legal action” against tankers belonging to Sinokor, the world’s largest oil tanker owner. The company has carried millions of barrels out of the Strait of Hormuz in recent weeks; the article gives no details on the legal action or any resulting disruption.

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