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Growing congestion among oil tankers near the Strait of Hormuz and limited capacity for ship-to-ship (STS) transfers off Oman and the UAE are pushing Gulf crude transshipments further east, with energy companies turning to waters off India’s western coast.
Strait of Hormuz East Asia Gulf of Oman Vortexa VLCCs Gulf of Kutch Persian Gulf Growing Gujarat Iran Transferring VLCC Moving IranWire Daily
Gulf oil transfers shift to India as Hormuz STS capacity tightens
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