China’s loss of Persian Gulf oil due to the Strait of Hormuz crisis turned out to be Brazil’s gain, as the trade volume between Brazil and China hit a record $142 billion by September 2026, fueled by soaring exports of Brazilian oil.
The post Brazil Logs Record Oil Sales to China After Strait of Hormuz Crisis appeared first on Breitbart.
Article URL: https://www.cnbc.com/2026/10/09/iran-war-strait-hormuz-tanker-attack-oil.html Comments URL: https://news.ycombinator.com/item?id=50026509 Points: 2 #…
Ship strikes in and around the Strait of Hormuz have reached a record high this month, already surpassing attacks recorded during the entire month of March -- at the…
Secretary of State Marco Rubio said Wednesday that Iran's grip on the Strait of Hormuz has significantly weakened in recent weeks, as oil flows approach prewar levels…
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