Secret Oil Flows Keep Global Prices Stable Amid Middle East Tensions
Middle Eastern oil producers are continuing to ship large volumes of crude out of the Persian Gulf despite ongoing tensions in the region.
The covert trade involves ferrying oil through the Strait of Hormuz undetected and then transferring it onto tankers in the Gulf of Oman, according to people with knowledge of the shipments.
This secretive process is running at full capacity, with no signs of slowing down despite recent attacks on vessels in the area.