Greek Billionaire-Backed Oil Tanker Owner Falls After Oslo IPO

Crude tanker-owner Capital Tankers Corp.’s shares fell in their Oslo debut on Tuesday, as the closure of the Strait of Hormuz has disrupted global oil transit and markets.

By Heidi Taksdal Skjeseth, Paul Tugwell · Bloomberg Markets

Crude tanker-owner Capital Tankers Corp.’s shares fell in their Oslo debut on Tuesday, as the closure of the Strait of Hormuz has disrupted global oil transit and markets.