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Oil Realities Make New Phase of Hormuz Crisis More Perilous
Inventories have been depleted, refining capacity has been damaged and the US no longer appears capable of acting as the world's supplier of last resort.
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fortune.com
The world is looking ahead toward a post-Iran oil market that offsets most Hormuz volumes in a few years as ships reject a U.S.-backed…
Goldman Sachs estimated that enough Mideast pipeline capacity could be added to insulate 75% of the pre-war Gulf exports by the end of 2028.
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oilprice.com
Oil Market Loses Its Safety Net as Iran Conflict Reignites | OilPrice.com
The oil market has far fewer buffers than earlier this year, with strategic reserves, commercial inventories, and China's stockpiles significantly depleted after cushioning…
