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Hormuz Oil Sneakouts Rise 50% as Iran and US Vie for Control

Hormuz Oil Sneakouts Rise 50% as Iran and US Vie for Control
Bloomberg Markets Thursday 11 June 2026, 13:45 UTC By Weilun Soon, Alex Longley 1 min read
Key Points

ULSAN, SOUTH KOREA - JUNE 10: The oil tanker Universal Winner, described as the first South Korean vessel to exit the Strait of Hormuz after being stranded there since the outbreak of conflict in the Middle East, arrives at the port of Ulsan, South Korea, on June 10, 2026, to unload crude oil. (Photo by Hwawon Ceci Lee/Anadolu via Getty Images)

ULSAN, SOUTH KOREA - JUNE 10: The oil tanker Universal Winner, described as the first South Korean vessel to exit the Strait of Hormuz after being stranded there since the outbreak of conflict in the Middle East, arrives at the port of Ulsan, South Korea, on June 10, 2026, to unload crude oil. (Photo by Hwawon Ceci Lee/Anadolu via Getty Images)
Hormuz Oil Sneakouts Rise (ORG) Iran (LOCATION) US Vie (PERSON) Control ULSAN (ORG) SOUTH KOREA (LOCATION) Universal Winner (ORG) South Korean (ORG) the Strait of Hormuz (LOCATION) the Middle East (LOCATION) Ulsan (LOCATION) Hwawon Ceci Lee (PERSON) Getty Images (ORG)
Originally published by Bloomberg Markets Read original →

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