Middle East Oil Tankers Go Darker, Longer Amid Rising Shipping Risks

A growing number of oil tankers are operating in "dark mode" for longer durations, up to a week or more, across the Strait of Hormuz and Bab el-Mandeb Strait. This stealth activity, involving switched-off transponders, reflects a significant increase in shipping risks in the region. The extended dark mode movements suggest a heightened perception of danger for oil transit. This development could contribute to upward pressure on crude oil prices due to supply concerns, potentially boosting safe-haven demand for gold and impacting USD/PKR stability in Pakistan.

بحوالہ / Source: oilprice.com