GULF SHIPPING

Oil Flow Normal through the Gulf; France Bans Iranian Oil Imports

The flow of crude oil and products through the Gulf last week was proceeding at the current normal rate of around 6-7mn b/d despite the four-day naval exercises carried out by Iran in its territorial waters, according to MEES sources. The only slow-down has been a temporary reduction in dry cargo traffic because of the shut-down of regional ports due to the three day Muslim feast of 'Id al-Adha. Figures...