Oil tanker arrives in South Korea after passing through the Strait of Hormuz in mid-April

Bloomberg05-08 19:50

SEOSAN, South Korea — A Malta-flagged tanker carrying 1 million barrels of crude oil arrived off South Korea’s west coast Friday after passing through the Strait of Hormuz in mid-April, a South Korean...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2633517455?lang=en_US&edition=fundamental","thumbnail":"https://www.bnnbloomberg.ca/resizer/v2/MRFEFGZ65WLR5LHOWY6JYTF7TI.jpg?smart=true&auth=2319d0f0256565416e0495997e7eb2fcd7e06e647afe2727f334cdc3db25f039&width=500&height=333","is_english":true,"pubTime":"2026-05-08 19:50","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2633517455","market":"sg","top_or_hot":-1,"title":"Oil tanker arrives in South Korea after passing through the Strait of Hormuz in mid-April","media":"Bloomberg","content":"<div>\n<p>SEOSAN, South Korea — A Malta-flagged tanker carrying 1 million barrels of crude oil arrived off South Korea’s west coast Friday after passing through the Strait of Hormuz in mid-April, a South Korean...</p>\n\n<a href=\"https://www.bnnbloomberg.ca/business/2026/05/08/oil-tanker-arrives-in-south-korea-after-passing-through-the-strait-of-hormuz-in-mid-april/\">Source Link</a>\n\n</div>\n","source":"bnn_bloomberg_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Oil tanker arrives in South Korea after passing through the Strait of Hormuz in mid-April</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOil tanker arrives in South Korea after passing through the Strait of Hormuz in mid-April\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-05-08 19:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bnnbloomberg.ca/business/2026/05/08/oil-tanker-arrives-in-south-korea-after-passing-through-the-strait-of-hormuz-in-mid-april/><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SEOSAN, South Korea — A Malta-flagged tanker carrying 1 million barrels of crude oil arrived off South Korea’s west coast Friday after passing through the Strait of Hormuz in mid-April, a South Korean...</p>\n\n<a href=\"https://www.bnnbloomberg.ca/business/2026/05/08/oil-tanker-arrives-in-south-korea-after-passing-through-the-strait-of-hormuz-in-mid-april/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"OILK","symbol_name":"ProShares K-1 Free Crude Oil ETF","start_time":0,"source_url":"https://www.bnnbloomberg.ca/business/2026/05/08/oil-tanker-arrives-in-south-korea-after-passing-through-the-strait-of-hormuz-in-mid-april/","article_id":"2633517455","we_media_id":null,"thumbnails":["https://www.bnnbloomberg.ca/resizer/v2/MRFEFGZ65WLR5LHOWY6JYTF7TI.jpg?smart=true&auth=2319d0f0256565416e0495997e7eb2fcd7e06e647afe2727f334cdc3db25f039&width=500&height=333"],"rights":{"source":"bnn_bloomberg_highlight","url":"https://www.bnnbloomberg.ca/business/2026/05/08/oil-tanker-arrives-in-south-korea-after-passing-through-the-strait-of-hormuz-in-mid-april/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2633517455","pubTimestamp":1778241000,"columns":[],"sourceInfo":{"source_id":"bnn_bloomberg_highlight","name":"Bloomberg"},"weMediaInfo":null,"summary":"A Malta-flagged tanker carrying 1 million barrels of crude oil arrived off South Korea’s west coast Friday after passing through the Strait of Hormuz in mid-April, a South Korean refinery said.","collect":0,"end_time":0,"defaultTopTitle":"bnnbloomberg.ca","property":[],"viewcount":null,"language":"en","relate_stocks":{"OILK":"ProShares K-1 Free Crude Oil ETF","XOP":"油气开采指数ETF-SPDR S&P","BK4570":"地缘局势概念股","BNO":"美国布伦特原油基金有限合伙企业","BWET":"BREAKWAVE TANKER SHIPPING ETF","OILT":"Texas Oil Index ETF","IXC":"全球能源业ETF-iShares","PXJ":"Invesco Oil & Gas Services ETF","WTIU":"MICROSECTORS ENERGY 3X LEVERAGED ETN","BK4585":"ETF&股票定投概念","OILU":"MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN","ERX":"二倍做多能源ETF-Direxion","DBO":"原油ETF-PowerShares","DRLL":"Strive U.S. Energy ETF","SCO":"二倍做空彭博原油指数ETF","DBC":"商品指数ETF-PowerShares DB","DBE":"能源商品ETF-PowerShares","DUG":"二倍做空石油与天然气ETF(ProShares)","XES":"SPDR S&P Oil & Gas Equipment & Services ETF","GUSH":"Direxion Daily S&P Oil &Gas Exp. & Prod. Bull 2X Shares","FTXN":"First Trust Nasdaq Oil & Gas ETF","DIG":"二倍做多美国油气指数","BK4588":"碎股","USO":"美国原油ETF","OIH":"石油服务ETF","XLE":"SPDR能源指数ETF","VDE":"Vanguard Energy ETF","PXE":"Invesco Energy Exploration & Production ETF","USE":"USCF Energy Commodity Strategy Absolute Return Fund","USOI":"ETRACS Crude Oil Shares Covered Call ETN","USL":"United States 12 Month Oil Fund LP","UGA":"United States Gasoline Fund LP","UCO":"二倍做多彭博原油ETF","IEO":"iShares Dow Jones U.S. Oil & Gas","DRIP":"Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares"},"translate_title":"油轮4月中旬通过霍尔木兹海峡后抵达韩国","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"USE":0.9,"XOP":0.9,"OILK":0.9,"DRLL":0.9,"DBE":0.9,"FTXN":0.9,"DIG":0.9,"ERX":0.9,"DBO":0.9,"DUG":0.9,"UGA":0.9,"WTIU":0.9,"XES":0.9,"BWET":0.9,"USL":0.9,"OILU":0.9,"DRIP":0.9,"OILT":0.9,"IEO":0.9,"OIH":0.9,"USOI":0.9,"SCO":0.6,"BNO":0.9,"VDE":0.9,"DBC":0.9,"XLE":0.9,"GUSH":0.9,"IXC":0.9,"PXE":0.9,"USO":0.9,"PXJ":0.9,"UCO":0.6},"content_text":"SEOSAN, South Korea — A Malta-flagged tanker carrying 1 million barrels of crude oil arrived off South Korea’s west coast Friday after passing through the Strait of Hormuz in mid-April, a South Korean refinery said.Like many other Asian nations, South Korea imports much of its crude oil from the Middle East. The latest shipment of 1 million barrels reportedly equals 35-50 per cent of South Korea’s daily crude oil consumption.With Iran’s grip on the Strait of Hormuz jolting the world economy and causing a spike in fuel prices, the prolonged Iran war has also raised concerns about a looming energy crisis in South Korea’s trade-dependent economy. The country has introduced price caps on gasoline and other petroleum products for the first time in decades to prevent costs from soaring, and instructed refiners to divert naphtha exports for domestic use while scrambling to secure alternative oil supplies and shipping routes.On Friday morning, the tanker, Odessa, reached waters off South Korea’s western port city of Seosan, weeks after passing through the Strait of Hormuz during a period of ceasefire talks between Iran and the United States, according to HD Hyundai Oilbank. The tanker is scheduled to berth at the company’s offshore mooring facility later Friday to unload its crude oil. HD Hyundai Oilbank said it plans to refine the crude oil into petroleum products like gasoline, diesel and naphtha. It said it has facilities to refine up to 690,000 barrels of crude oil per day.South Korea last year imported more than 60 per cent of its crude and 50 per cent of its naphtha, a key petrochemical feedstock used in plastics manufacturing, through the Strait of Hormuz.___Ahn Young-joon, The Associated Press. Associated Press writers Kim Tong-hyung and Hyung-jin Kim contributed to this story from Seoul, South Korea.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.1","shortVersion":"4.42.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2633517455","isCrawlerRequest":true}