Middle Eastern oil exporters are secretly transporting crude oil through the Strait of Hormuz, according to recent intelligence. This clandestine operation has been ongoing for several months despite frequent attacks on ships in the region.
Tankers involved in the trade are passing through the strait with their transponders disabled, enabling them to bypass monitoring systems.
Sources estimate that the actual volume of crude oil being shipped exceeds market forecasts by 4 million barrels per day.
