Business
Sinokor dominates Persian Gulf oil tanker traffic after Iran war bet
NYT reports Sinokor controls half of Strait of Hormuz tanker traffic
1 Nov 1 5:02 AM · 12d ago · 3 articles · 2 posts · 3 sources · development 1 of 1
The New York Times reports that South Korea's Sinokor has come to dominate about half of all tanker transits through the Strait of Hormuz, one of the world's most critical oil shipping routes. The company's dominant position stems from a major bet placed just before the war in Iran started.
“South Korea's Sinokor controls about half the tanker transits through the Strait of Hormuz, benefiting from a big bet just before the war in Iran started.”
New York Times, Reporting · rss ↗Sinokor South Korean shipping company
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Reported in the same hours no headline names this development itself — these 1 claim were published in its stretch
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first by The New York Times, 12d ago · also NYT Middle East, NYT Business
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