# How a Little-Known Company Dominated the Persian Gulf Oil Trade

- Source: NYT Business
- Published: 2026-11-01T10:02:29+00:00
- Category: Business
- Original: https://www.nytimes.com/2026/11/01/business/sinokor-oil-tankers-strait-hormuz-shipping-iran.html
- Canonical: https://groundlevelnews.com/story/how-a-little-known-company-dominated-the-persian-gulf-oil-trade-b3c6e7/

South Korea’s Sinokor controls about half the tanker transits through the Strait of Hormuz, benefiting from a big bet just before the war in Iran started.

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