Times of IndiaLean R·
Middle East oil squeeze: How much crude is actually flowing through Hormuz
US officials assert that oil is moving through the Strait of Hormuz at a pace far exceeding market projections. External data indicates a drop in oil tanker activity and a decline in global stockpiles. This divergence raises questions about the true amount of crude oil flowing into worldwide markets. Additionally, shadow fleets attempting to mask their locations complicate monitoring efforts, leading to potential volatility in oil prices and supply predictions.
Read at Times of India →
