Last updated: 2026-03-03 01:02:57 ET
'Oil markets might have to face their worst fears on Monday'
Tankers have begun to steer clear of the region and the Strait of Hormuz, threatening to push up energy prices.
The IRS allowed one of the world’s largest exporters of natural gas to claim its heavily polluting tankers are low-emissions “motorboats,” the company said.
Russia-linked oil tankers Rigel, Hyperion and Kousai tracked carrying sanctioned crude worth $55 million through British waters, according to reports.
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