US-Iran war: Secret shipping through Strait of Hormuz? Report hints at what's keeping oil prices in check
Oil tankers from the UAE, Qatar, and Kuwait have been covertly passing through the Strait of Hormuz with transponders off for months, likely transporting more than the estimated 4 million barrels per day. This secretive trade is helping to stabilize oil prices amid ongoing conflict in Iran. Analysts face challenges tracking these 'dark' ships' movements.