Middle Eastern fuel oil exports are poised for a significant rebound in June, reaching a four-month peak. This surge is attributed to Iraq and Saudi Arabia rerouting supplies via alternative ports, coupled with a gradual resumption of shipments through the Strait of Hormuz following a US-Iran interim peace agreement.
Middle Eastern fuel oil exports are poised for a significant rebound in June, reaching a four-month peak. This surge is attributed to Iraq and Saudi Arabia rerouting supplies via alternative ports, coupled with a gradual resumption of shipments through the Strait of Hormuz following a US-Iran interim peace agreement.
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