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Gulf producers urge US to tackle Hormuz closure head-on

Mideast Gulf oil producers are urging the US to address the disruption to oil flows through the strait of Hormuz "straight on", warning that interim measures such as tapping into Iran's so-called "oil-on-water" risk strengthening Tehran's position while leaving regional producers exposed, senior Gulf officials have told Argus. Mideast Gulf oil producers are urging the US to address the disruption to oil flows through the strait of Hormuz "straight on", warning that interim measures such as tapping into Iran's so-called "oil-on-water" risk strengthening Tehran's position wh... [3630 chars]

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