Global oil prices remain below one hundred dollars per barrel. Significant volumes continue to flow through the Strait of Hormuz. Gulf exporters utilize alternative routes and means to mitigate shortfalls. Other producers are stepping up output to fill supply gaps. Demand destruction in petrochemicals and fuels remains substantial.
Global oil prices remain below one hundred dollars per barrel. Significant volumes continue to flow through the Strait of Hormuz. Gulf exporters utilize alternative routes and means to mitigate shortfalls. Other producers are stepping up output to fill supply gaps. Demand destruction in petrochemicals and fuels remains substantial.
<iframe src="https://hindustansphere.com/embed/cluster/f80ef2e81b6a3e969b726b8a21bfe21ba7b9a453" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Why isn't oil above $100 despite supply disruptions?"></iframe>
