Thursday, March 7, 2024

Iran says it's seizing an oil shipment

Iran says it's seizing an oil shipment

Snippet of Article: "...Iran, the Houthis' primary backer, said Wednesday that it would confiscate a $50 million cargo of Kuwaiti crude oil that had been destined for American energy firm Chevron Corp. The cargo is aboard a tanker that Iranian forces seized nearly a year ago. It marks the latest twist in a yearslong shadow war playing out in the Mideast's waterways even before the Houthi attacks began. ..."

Source: www.cbsnews.com

Iran,Oil Shipment seizures, U.S. Oil Prices, Houthi Red Sea Attacks,Mideast's waterways, Chevron Corp., Kuwaiti crude oil,