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Growing congestion among oil tankers near the Strait of Hormuz and limited capacity for ship-to-ship (STS) transfers off Oman and
Persian Gulf oil producers are shifting critical cargo transfer operations even farther out of the war-hit region as waters just outside the Strait of Hormuz become congested with tankers.
Iraq, Saudi Arabia, Kuwait and Qatar boosted shipments to India in September as STS transfers helped move crude through the Strait of Hormuz.