El País
International · 2 hrs ago
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Strait of Hormuz fills up with loaded tankers without a clear destination
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Accuracy 75/100
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Gulf countries are filling tanker ships with crude oil in the Strait of Hormuz due to onshore storage capacity limits, with these floating storage vessels now playing an unusually significant market role.
Strait of Hormuz fills up with loaded tankers without a clear destination
Gulf countries are loading crude onto ships at sea as their onshore storage facilities reach capacity. Normally these vessels are a marginal part of the market, but now they’ve taken on a crucial role
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