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2 hours ago

Oil tankers reportedly moving through Strait of Hormuz, CEO says, as prices slide

A small number of tankers are beginning to move through the Strait of Hormuz, United Refining CEO John Catsimatidis said Wednesday, signaling a tentative restart at the critical oil choke point."Right now, the ships are moving. Ten ships are scheduled to be moving in the next few hours," Catsimatidis, also the CEO of New York City grocery chain Gristedes, told "Varney & Co.," citing what he said was information from Greek shipping executive Nikolas Tsakos. Fox News Digital has not independently verified the claim.Under normal conditions, Catsimatidis said, as many as 100 tankers pass throu...

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