South Korea's Sinokor Emerges as Dominant Tanker Operator in Strait of Hormuz
South Korea's Sinokor Merchant Marine built an outsized position in Persian Gulf tanker traffic after buying up vessels before the Iran conflict began on Feb. 28, 2026. Its ships carried roughly 105.6m barrels through the Strait of Hormuz in September, prompting an Iranian threat of legal action starting Nov. 1.
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