Trader Mercuria Sues Baltic Exchange Over Hormuz Freight Losses, Court Filing Shows

Trader Mercuria Sues Baltic Exchange Over Hormuz Freight Losses, Court Filing Shows

Commodity trader Mercuria is suing the Baltic Exchange, the world’s top provider of benchmark shipping indices, over losses it said were caused by oil tanker pricing data that did not account for the effective closure of the Strait of Hormuz, …

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