South Korea’s Sinokor Controls Half of Tanker Traffic Through Strait of Hormuz

South Korea’s Sinokor has come to dominate the Persian Gulf oil trade by controlling about half of the tanker transits through the Strait of Hormuz. This position was secured through a significant strategic investment made just before the outbreak of war in Iran. The development highlights Sinokor's rising influence in a critical global energy corridor.

Originally published by nyt