Freight (Cargo)Offshore Drilling and ExplorationOil (Petroleum) and GasolinePersian GulfPolitics and GovernmentShips and ShippingSinokorSouth KoreaStrait of HormuzUnited StatesUS and Israeli Attack on Iran (2026)Vance, J D

How a Little-Known Company Dominated the Persian Gulf Oil Trade

OMEGAZEPRIME News
This story was selected and curated by our editorial team in the Freight (Cargo) category. Published on November 1, 2026 • Originally reported by Peter Eavis, Jenny Gross and Choe Sang-Hun. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.
South Korea’s Sinokor controls about half the tanker transits through the Strait of Hormuz, benefiting from a big bet just before the war in Iran started.
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