Saudi Oil Tanker Firm Crossing Hormuz With US Coordination

Saudi Arabia’s main shipping firm is sending some tankers through the Strait of Hormuz in coordination with the US military, as the kingdom boosts oil supplies via the crucial waterway...

By Anthony Di Paola and Shariq Khan · Bloomberg Markets

Saudi Arabia’s main shipping firm is sending some tankers through the Strait of Hormuz in coordination with the US military, as the kingdom boosts oil supplies via the crucial waterway that’s helped drive exports close to prewar levels.