Iraqi crude tanker clears Gulf of Oman as Hormuz closure keeps most ships trapped

The very large crude carrier cleared the Gulf of Oman into the Arabian Sea with around 2 million barrels of Iraqi crude bound for China. Most tankers remain stranded in the Persian Gulf following Iran’s effective closure of the Strait of Hormuz in late February.

Earlier:

• The outline of a deal exists
• signing still days away

This article was written by Eamonn Sheridan at investinglive.com.