tanker
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
One is a prolonged disruption to the flow of oil tankers through the Strait of Hormuz, through which about 20 million barrels a day of oil—or a fifth of global oil production—transits.
Gulf monarchies threatened to retaliate as a Saudi oil refinery burned, Qatar halted LNG production, tankers were attacked off Oman and energy prices soared.
From Barron's
“There has been a drastic decrease in product tankers transiting the Strait of Hormuz in both westbound and eastbound directions,” Loick Buisson says.
However, there is a risk that the OPEC+ decision is moot if tanker flows don’t resume through the Strait of Hormuz, Gelder says.
The analysts did note that the Strait of Hormuz is not formally closed, but tanker traffic has seized up due to higher premiums and the potential withdrawal of insurance coverage, not to mention crew-safety concerns.
From MarketWatch
From Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.