Oil Traders Lawyer Up as Hormuz Disruptions Trigger Billions of Dollars in Disputes

Oil Traders Lawyer Up as Hormuz Disruptions Trigger Billions of Dollars in Disputes

Some of the biggest names in oil trading are becoming embroiled in a complex web of disputes that could be worth many billions of dollars, as the industry wrangles over who should be liable for contracted shipments that weren’t delivered as a result of the Iran war.

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