Mercuria lawyers claim government oil deals routed through Hormuz, Bloomberg reports

Mercuria, a global commodities firm, has its lawyers speaking publicly. They assert that recent government oil deals were routed

Mercuria, a global commodities firm, has its lawyers speaking publicly. They assert that recent government oil deals were routed through the Hormuz Strait. The claim was reported by Bloomberg. Hormuz is a strategic maritime chokepoint for oil shipments. The allegation suggests possible circumvention of sanctions. U.S. and regional officials have not issued a comment. The statement could influence market perceptions of oil flow. Analysts will watch for any official response or further evidence.