Vitol is selling Iraqi oil outside the Strait of Hormuz, indicating that some ships are leaving the Strait
Vitol's decision to sell Iraqi oil outside the Strait of Hormuz suggests a shift in logistics which could impact oil supply dynamics.
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Newsquawk Daily Economic Releases - 15th May 2026
Vitol is selling Iraqi oil outside the Strait of Hormuz, indicating that some ships are leaving the Strait
US President Trump says Chinese President Xi has offered to help on Iran and that XI wants to see Hormuz open, Fox news reports; Xi said he will not give military equipment to Iran
US Senator Warren says President Trump is clearing the sale of advanced AI chips to China
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If vessels are beginning to avoid the Strait, it may reflect increased regional tensions or logistical challenges, potentially influencing WTI prices and overall market sentiment regarding oil supply risk.
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