Global crude oil supply has recovered to pre-war levels, but "many hurdles remain"

The global energy transportation “lifeline,” the Strait of Hormuz, recently reopened briefly before closing again.
Analysts believe that under the prolonged Middle Eastern conflict, the difficulty of navigation through the Strait of Hormuz is just one of the “obstacles” affecting international crude oil supply;
to fully restore to pre-war levels, there are still multiple hurdles to overcome, which means it could take months or even years.
(CCTV News)

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin