BP Avoids Sending Tankers and Crews Through Strait of Hormuz
- CEO says company will be ‘extremely careful’ in the Strait
- Iran seized a British-flagged ship, threatened a BP tanker
This article is for subscribers only.
Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.
BP Plc, the British oil giant that had to shelter one of its tankers in the Persian Gulf this month in fear it could be targeted by Iranian forces, is avoiding sending ships to the region after tensions flared between Tehran and London.