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Tanker Loyalty Made Two Persian Gulf Trips to Load Iraqi Crude

The Tanzania-flagged vessel had previously carried Venezuelan crude to China. From Sept. 1-28, non-Iranian crude exports left the region through three routes.

A tanker moves through the Persian Gulf under morning light / TokenPost.ai
A tanker moves through the Persian Gulf under morning light / TokenPost.ai

The Tanzania-flagged supertanker Loyalty entered the Persian Gulf twice starting in September to load Iraqi crude after previously carrying Venezuelan crude to China.

From Sept. 1-28, 60% of non-Iranian crude exports physically crossed the Strait of Hormuz. Another 23% was loaded on the Gulf of Oman coast outside the strait, while 17% left through the Red Sea.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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