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Business / Energy Energy

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

Source: nytimes November 1, 2026 · 02:02
From the publisher
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.
About the source

The New York Times

The New York Times (NYT) is a newspaper based in Manhattan, New York City. The New York Times covers domestic, national, and international news, and publishes opinion pieces and reviews. One of the longest-running newspapers in the United States, the Times serves as one of the country's newspapers of record. As of June 2026, The New York Times had 13.35 million total subscribers: 550,000 print and 12.8 million digital, both the highest numbers for any newspaper in the United States by a signific…

Wikipedia
Wikidata Q9684
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About South Korea

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Capital
Seoul
Region
East Asia & Pacific
Income level
High income
ISO code
KOR
Data: World Bank
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