Asian Refiners Buy 11 Million Barrels of US Crude as Hormuz Traffic Stalls
Asian refiners bought at least 11 million barrels of US crude late Tuesday as escalating hostilities between Washington and Tehran and a virtual standstill in observable traffic through the Strait of Hormuz triggered a wave of purchases, according to traders. Buyers included refiners in South Korea, Japan and Thailand, and some cargoes may load as soon as this month.
Oil rose in choppy trading Wednesday after US forces carried out another round of strikes against Tehran and Washington reinstated its naval blockade of Iranian ports near the strait. August WTI gained 1.01% to $80.14 a barrel and September Brent rose 1.23% to $85.77, while the Wall Street Journal reported Trump reversed a 20% Strait of Hormuz toll.
From the sources (25 posts)
@trtworldQatar condemns the latest Iranian attacks on its territory and neighbouring Arab states as a "dangerous escalation," reserving the "full right to respond" and protect its sovereignty and citizens Live updates👇 https
@no_itsmyturnRT @therealBehnamBT: Iran’s IRGC-Navy shared the type of munition it used to fire at the commercial vessel. It’s an Anti-Ship Cruise Missil…
@no_itsmyturnRT @JasonMBrodsky: The regime in #Iran is again attacking #Qatar, the mediator, in its diplomacy with the U.S., as well as #Oman, the day a…
@ajenewsBREAKING: US embassy warns Americans to 'shelter in place' in Oman after Iran attacks 🔴 LIVE updates:
@firstsquawkUAE condemns Iranian attacks, calling them a clear breach of the sovereignty of fraternal states and a danger to their security and stability.
@firstsquawkQatari Foreign Ministry: Continuation of the attacks is a dangerous escalation that will complicate efforts aimed at containing the tension
@ajenglishThe US embassy in Oman has warned American citizens to shelter in place if they’re in the city of Duqm and governorate of Musandam “due to recent activity”. 🔴 LIVE updates:
@ryanrozbianiIran’s IRGC Claims Multi-Phase Strikes on U.S. Bases Phase 1: Ballistic missiles reportedly hit Prince Hassan Air Base in Jordan, targeting command centers and MQ-9 drone facilities. Phase 2: Al Udeid Air Base in Qatar was reportedly targ
@bricsinfoJUST IN: 🇺🇸 US Embassy urges Americans in Oman to shelter in place following Iranian attacks.
@financialjuiceOman summons Iran ambassador to condemn attacks on its territory: Foreign Ministry
@no_itsmyturnRT @gbrew24: JMIC essentially rejects the IRGC-N's claim that the strait has been closed, noting that the southern route remains open. Traf…
@iranintl_enThe US Embassy in Oman on Sunday advised American citizens to avoid the Duqm and Musandam areas, saying it had issued shelter-in-place guidance there "due to recent activity." The embassy said Americans should "strongly consider departing"
@me_observer_⚡️ Omani Foreign Ministry: We handed the Ambassador of the Islamic Republic of Iran a protest note regarding the targeting of sites in Musandam and Al Wusta governorates by drones.
@iranintl_enOman summoned Iran’s ambassador on Sunday to protest drone attacks targeting sites in the governorates of Musandam and Al Wusta, Oman’s foreign ministry said. Khalid bin Hashel Al Muslahi, the ministry’s undersecretary for administrative a
@ajenewsBREAKING: Oman has summoned Iran's Ambassador to the country, to protest Tehran’s targeting of sites in the governorates of Musandam and Al Batinah with drones. 🔴 More on
@mercoglianosRT @sentdefender: The Joint Maritime Information Center (JMIC) has issued a new advisory stating that the U.S. established southern transit…
@firstsquawkOmani Foreign Ministry: Summoning the Iranian ambassador to hand him a protest note following drone attacks on sites in Musandam and the Central Governorate
@firstsquawkOmani Foreign Ministry: We expressed to the Iranian ambassador our displeasure over these irresponsible actions.
@firstsquawkOmani Foreign Ministry: We call on Iran to adhere to the provisions of state sovereignty and good neighborliness.
@ariel_oseranOman’s Foreign Ministry summoned Iran’s Ambassador to Muscat to hand over a note of protest following Iranian drone attacks on the Sultanate this morning.
@osint613Oman summoned Iran's ambassador over recent attacks on its territory, calling on Tehran to respect national sovereignty and good neighborliness.
@iranobserver0⚡️BREAKING: Fars News states that the Message of today's Strikes was that Iran is ready to Expand the scale of the Conflict Iran targeted US bases in Qatar, Kuwait, Jordan, Oman and Bahrain
@ajenewsUPDATE: Oman summons Iranian ambassador over 'irresponsible' drone attacks 🔴 LIVE updates:
@firstsquawkQatari Foreign Ministry: We emphasize the necessity of an immediate and complete cessation of military operations and aggressions that threaten the region's security.
@mercoglianosRT @tom_bike: GFS GALAXY 🇨🇾 large container ship hit by Iran 🇮🇷 yesterday spotted TODAY 5 km off Oman 🇴🇲 at 26.2141, 56.5306 Assisted by…