Hormuz alternative oil routes inadequate to cope with demand - The Straits Times

Hormuz alternative oil routes inadequate to cope with demand  The Straits Times

Hormuz alternative oil routes inadequate to cope with demand

"Saudi Arabia and the UAE can reroute some crude output to terminals outside the Gulf," the International Energy Agency stated in its latest monthly oil report, saying that this can "help offset lost crude flows via Hormuz." The post Hormuz alternative oil routes inadequate to cope with demand appeared first on Vanguard News.

By Ayobami