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Philippines Receives First Iranian Crude Cargo Since Hormuz Blockade | OilPrice.com
The Philippines received its first Iranian crude cargo after the Hormuz blockade cut off 98% of its oil supply, with delivery routed via a ship-to-ship transfer near Singapore.
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cryptobriefing.com
US Strategic Petroleum Reserve sends first oil cargo to Asia since 2022
The US Strategic Petroleum Reserve shipped 616,000 barrels of crude to the Philippines, its first Asia-bound cargo since 2022, as part of a 172M barrel release.
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oilprice.com
U.S. Sends Rare SPR Oil Cargo to Asia as Hormuz Crisis Reshapes Trade | OilPrice.com
A rare U.S. strategic oil shipment to the Philippines underscores how the Hormuz crisis is forcing Asia to seek crude supplies outside the Middle East.
