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How a Little-Known Company Dominated the Persian Gulf Oil Trade

Peter Eavis, Jenny Gross and Choe Sang-Hun·The New York Times·November 1, 2026

South Korea’s Sinokor controls about half the tanker transits through the Strait of Hormuz, benefiting from a big bet just before the war in Iran started.

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How a Little-Known Company Dominated the Persian Gulf Oil Trade — TopNewsOn