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Gulf oil exports face fresh uncertainty as tanker traffic stalls

Cyprus Mail 10 July 2026, 14:24
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Gulf oil exports face fresh uncertainty as tanker traffic stalls
Most tankers stranded in the Persian Gulf since the Iran conflict began have now left, but the vessels needed to keep the region’s oil exports moving are not returning.  A temporary US-Iran truce in mid-June released close to 100 million barrels of crude that had been trapped inside the Gulf, leading to a sharp rise in outbound […]