Lured by profits, some shipowners brave mines and missiles to sneak oil past Iran
By Renee Maltezou and Jonathan Saul
ATHENS, March 13 (Reuters) - A handful of Greek shipowners have sent crude oil and dry bulk tankers through the Strait of Hormuz during the U.S.-Israeli war on Iran, risking destruction from mines, missiles and drones for a chance at millions of dollars in quick profits.
The voyages reflect the financial allure of soaring crude oil prices and surging tanker rates since the start of the war, which has effectively sealed off a fifth of the world’s oil and liquefied natural gas supply from global markets.