SQUAWK/NEWS
Account
Theme
Account
Menu
Live News COMMODITIES ARTICLE M impact

Data suggests one third of Gulf oil remains missing after dark crossings

Estimates of Middle Eastern crude flows have varied widely since tankers began “dark crossings” of the Strait of Hormuz, sailing without transponder signals, as clandestine shipments have boosted supplies amid missing volumes.

BRN

Estimates of Middle Eastern crude flows have varied sharply since tankers began making “dark crossings” of the Strait of Hormuz, with vessels sailing without transponder signals to reduce the risk of Iranian attacks. The covert shipments have significantly increased supplies, while the broader impact on missing Gulf oil remains unclear from the available estimates.