📌 Escalation in the Iran-Iraq conflict threatens Asia’s refiners: August production-increase plan tracking checklist

The escalation in the Iran-Iraq conflict threatens Asia’s refiners; the August production-increase plan should be added to your watchlist—don’t just look at the single message itself.
Key numbers here: more than 3 million, 480 thousand, and nearly 90%. Yemen’s Houthi forces have threatened to blockade Saudi crude oil exports via the Red Sea. According to estimates by research firm Energy Aspects, this could force more than 3 million barrels per day of Saudi crude oil that was originally shipped to Asia via the Bab al-Mandab Strait to be redirected onto longer routes around farther away.
I’ll track using 3 indicators: whether funding is continuous, whether the rules truly get implemented, and whether the relevant companies or tokens have revenue and trading-volume verification.
Source: BlockBeats.
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