Iran warns of extensive measures against Sinokor fleet starting November 1
- 1The Persian Gulf Strait Authority stated that Sinokor vessels have committed the most navigation violations over the past three months.
- 2Iran notified that it will take extensive measures against the fleet starting November 1 if Sinokor continues to violate Tehran's protocols.
- 3Amid a surge of over 1,600% in VLCC rates this year, at least 7 Sinokor-related tankers have been hit by Iranian missile or drone attacks.
So what's the key point?
Iran warned that it will take action starting November 1 because Sinokor ships have frequently broken rules. This could be a major burden for the company since 7 Sinokor tankers have already been attacked.
Source Zero Hedge +1 · View original ↗
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