Tankers steering clear of Hormuz ahead of a US blockade, oil prices spike

Author: news24.comPublished on: April 13, 2026Country: United States

PoliticsBusiness & Economy

Tankers steering clear of Hormuz ahead of a US blockade, oil prices spike

Tankers are altering their routes to avoid the Strait of Hormuz due to an impending US blockade. This situation has led to a spike in oil prices in the global market. Geopolitical tensions in the region continue to concern energy sector stakeholders.

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