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10:25
The third fully loaded oil tanker has crossed the US blockade line from Iran to Asia.
Jinse Finance reported that on June 17, ship tracking data showed a third oil tanker fully loaded with crude oil has left Chabahar Port in Iran, crossing the blockade set by the US and heading for Asia. The Suezmax tanker Sonia I departed last night from the port located near the Iran-Pakistan border. The vessel has a carrying capacity of approximately 1 million barrels of crude oil. The draft of the ship indicates it is fully loaded, with its destination listed as Singapore, a common transshipment hub for ships headed to Asian markets. The departure of Sonia I closely follows that of the Very Large Crude Carriers Hero II and Diona, each loaded with about 2 million barrels of Iranian crude oil. These two vessels did not specify their exact destinations but are both heading toward the southern tip of India, a typical route to the Malacca Strait near Singapore. Iranian media reported on Tuesday that the US blockade of Iranian ports, which began in mid-April, is being lifted.
10:14
Citi raises Micron Technology target price from $840 to $1200
Jinse Finance reported that on June 17, Citibank raised Micron Technology's target price from $840 to $1,200.
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