Volumes have yet to start flowing through Hormuz, but traders are hopeful cargoes will arrive in time to stave off a full-blown crisis.

Plants pushed production to record levels after Iran war cut off Middle East export routes

Volumes have yet to start flowing through Hormuz, but traders are hopeful cargoes will arrive in time to stave off a full-blown crisis.

Commercial supplies of jet fuel may worsen this summer despite the improving situation in the Strait of Hormuz, EU Energy Commissioner Dan Jorgensen said Friday.

Commercial supplies of jet fuel may worsen this summer despite the improving situation in the Strait of Hormuz, EU Energy Commissioner Dan Jorgensen has said.