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Some major oil companies suspend shipments via Strait of Hormuz


Some major oil companies and trading houses have suspended shipments of crude oil and fuel through the Strait of Hormuz, due to ongoing attacks by the United States and Israel against Iran and Tehran's retaliatory actions, four trading industry sources said Saturday.

"Our ships will remain docked for several days," said a senior official at a major trading house.

Some major oil companies and trading houses have suspended shipments of crude oil and fuel through the Strait of Hormuz, due to ongoing attacks by the United States and Israel against Iran and Tehran's retaliatory actions, four trading industry sources said Saturday.

"Our ships will remain docked for several days," said a senior official at a major trading house.