Saudi-Flagged Crude Oil Tanker Sustained Damage in Hormuz Strait

A crude oil tanker sailing under the flag of Saudi Arabia sustained damage while navigating the Strait of Hormuz, a person with knowledge of the matter said, the latest incident...

By Salma El Wardany · Bloomberg Markets

A crude oil tanker sailing under the flag of Saudi Arabia sustained damage while navigating the Strait of Hormuz, a person with knowledge of the matter said, the latest incident to highlight that navigation through the waterway remains risky.