oil run

Gulf state is profiting from risky Hormuz shipping: Singapore FM

Singapore’s Foreign Minister Vivian Balakrishnan says an unnamed Gulf country is earning more than before the war despite attacks on its tankers

Milken Institute

Singapore's Foreign Minister Vivian Balakrishnan

At least one Gulf country is earning more from oil than before the war by running tankers through the Strait of Hormuz despite the risk of attacks, Singapore’s Foreign Minister Vivian Balakrishnan said.

Speaking at the Milken Institute’s...