Fuel Oil Surges Over 5% as Middle East Tensions Escalate, Strait of Hormuz Disrupted
According to Huawen Futures, fuel oil surged over 5% today (July 15) as Middle East geopolitical tensions escalated and the Strait of Hormuz faced transit disruptions again. The research note cited three drivers: rising crude oil costs, restricted imports, and strong seasonal demand for power
GateNews·07-15 11:43
