Explained: How tanker attackers on a skinny waterway could affect oil prices | Explained News, The Indian Express

Explained: How tanker attackers on a skinny waterway could affect oil prices | Explained News, The Indian Express

By New York Times |Published: June 14, 2019 12:20:36 pm

Explained: How tanker attackers on a skinny waterway could affect oil prices

The oil producing countries around the Gulf, including Kuwait, Saudi Arabia, Iraq and Iran, are crucial for supplying the world oil market. Most of their exports must travel through the Strait of Hormuz.

After the apparent attack Thursday on two tankers just outside the strait, tanker operators were quick to voice concerns. (AP)

Written by Stanley Reed