Asia Struggles to find fuel oil as Middle East exports plummet

Asia Struggles to find fuel oil as Middle East exports plummet

Key points Asia Struggles to find fuel oil— what’s happening, in one line A near-halt in tanker transits through the Strait of Hormuz after attacks and heightened risks has choked fuel-oil flows from key Gulf suppliers into Asia, pushing bunker and feedstock prices sharply higher and forcing refiners and industrial users to cut output. Why … Read more