The recent Mideast conflict forced refineries across the Gulf to slash runs — either due to the direct threat of attack or because the near-closure of the Strait of Hormuz left them unable to export their products, leaving them with brimming storage tanks.
Mideast Gulf Refiners Plan Ramp-Ups
Key refiners in Saudi Arabia, Kuwait and the UAE hope that the US-Iran peace deal will enable a rapid ramp-up in their throughputs.
















