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More Than 60 Million Barrels of Oil Ready to Head to Asia as Hormuz Reopens | OilPrice.com
More than 60 million barrels of crude stranded in the Persian Gulf are expected to head to Asia after the reopening of the Strait of Hormuz, potentially easing supply concerns and putting downward pressure on oil prices.
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cryptobriefing.com
Strait of Hormuz reopens, may boost Persian Gulf grain imports
The Strait of Hormuz has reopened, boosting prospects for grain imports. Normal traffic by June 15 at 0.2% YES.
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bangkokpost.com
Energy firms brace for ‘new era’ despite Hormuz deal
The world’s oil and gas majors have high hopes for a quick reopening of the Strait of Hormuz, but they have few illusions about a return to normal for the Gulf energy industry…
