Korean tycoon Ga-Hyun Chung is emerging as a major beneficiary of the Middle East conflict, thanks to a fleet of tanker ships he acquired earlier this year. Chung provided Abu Dhabi access to his vessels for risky shuttle missions, enabling oil shipments to bypass the Hormuz blockade. By the time June arrived, Chung’s fleet was responsible for moving 50% of all Emirati crude oil.

by shortkt.com✓

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