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Balances: Unabated Supply Crisis Deepens Deficit Hole
The continued closure of the Strait of Hormuz is creating ever-deeper deficits that will take longer to pull back to normal the longer the situation continues.
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fortune.com
U.S., Iran stall on Hormuz reopening as oil supplies tighten | Fortune
Physical crude markets have also firmed again in recent days, offering a reminder of the wider supply tightness that’s hitting the global oil industry.
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energyintel.com
Overview: Inventories to the Rescue as Hormuz Impasse Drags On
The scale of the Hormuz supply loss intensified last month due to the US blockade of Iranian exports.
