Traders and ship‑tracking firms report several million barrels per day are moving through the Strait of Hormuz undetected, increasing Gulf oil flows. They estimate the reduction in Gulf supply at 5–6 mln b/d, well below earlier 12–15 mln b/d estimates.

2026-06-12

Traders and ship‑tracking firms report several million barrels per day are moving through the Strait of Hormuz undetected, increasing Gulf oil flows. They estimate the reduction in Gulf supply at 5–6 mln b/d, well below earlier 12–15 mln b/d estimates.