Alternative export routes, smuggling activity, and weaker Chinese demand may have reduced the effective impact of the Strait of Hormuz disruption far below initial estimates.

ING estimates Brent could surge to $120–$130 per barrel this summer if Hormuz disruptions persist, increasing pressure on Washington to secure a U.S.-Iran deal and avert a deeper…

Alternative export routes, smuggling activity, and weaker Chinese demand may have reduced the effective impact of the Strait of Hormuz disruption far below initial estimates.

Oil markets may be celebrating the U.S.-Iran peace deal too early, as reopening the Strait of Hormuz will not immediately restore tanker traffic, production, refining activity, or…

Goldman Sachs predicts oil shipments through the Strait of Hormuz may only reach 70% of pre-war levels. Full recovery by June 15 at 0.2% YES.

Goldman Sachs predicts oil flows through Hormuz may only recover to 70% of pre-war levels due to alternative routes.

By Nidhi Verma, Siyi Liu and Joyce LeeNEW DELHI/SINGAPORE, June 18 (Reuters) - Middle Eastern crude oil markets could come under further pressure if the Strait of Hormuz reopens…

Middle Eastern oil producers are increasingly relying on alternative export routes, leading Goldman Sachs to predict that tanker traffic through the Strait of Hormuz may only…