Iran’s oil exports have surged following a peace deal with Washington, with 11 tankers carrying 20 million barrels departing the Gulf of Oman. This increase coincides with new maritime regulations for the Strait of Hormuz. However, the delay of permanent peace talks due to regional clashes casts a shadow on the long-term outlook, with lighter traffic observed on Friday. Iran’s oil exports have surged following a peace deal with Washington, with 11 tankers carrying 20 million barrels departing the Gulf of Oman. This increase coincides with new maritime regulations for the Strait of Hormuz. However, the delay of permanent peace talks due to regional clashes casts a shadow on the long-term outlook, with lighter traffic observed on Friday.
Trending
- India to acquire nine retired Jaguar fighter jets from UK to manage ageing fleet
- ‘Raises serious questions on security’: Abhishek Banerjee after ‘armed individuals’ apprehended at Kolkata airport
- ‘Ideologies responsible for genocide’: Poland strips Zelenskyy of highest honour over army unit naming
- Hardik Pandya ruled out of England ODI series; Kohli to undergo fitness test at CoE
- PwC’s global chairman Mohamed Kande doesn’t believe companies adopting AI are laying off
- ‘Rahul Gandhi exposed’: BJP targets Congress leader after Shashi Tharoor’s PM Modi praise over Trump meet
- European mom shares parenting tips she borrowed from Indian mothers
- Indian man jailed in UK for 6 years over rape; Police hunt two suspects who fled Britain