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How 'Dark' Tankers In Strait Of Hormuz Are Keeping Oil Prices In Check

With Iranian drones threatening tankers in the Persian Gulf, oil companies from Saudi Arabia, Kuwait, Qatar and the UAE turned to a workaround: chartering tankers, switching off their transponders and moving crude out of the Gulf under US Navy escort.

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Published: 22 August 2026
How 'Dark' Tankers In Strait Of Hormuz Are Keeping Oil Prices In Check
With Iranian drones threatening tankers in the Persian Gulf, oil companies from Saudi Arabia, Kuwait, Qatar and the UAE turned to a workaround: chartering tankers, switching off their transponders and moving crude out of the Gulf under US Navy escort.

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