Showing posts with label Kuwaiti crude oil. Show all posts
Showing posts with label Kuwaiti crude oil. Show all posts

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,