
Geopolitics
Crude Oil Flows Back, But Refined Fuel Stuck in a Jam
Crude oil is back in action, flowing through the Strait of Hormuz like it’s 2019, hitting 13.5 million barrels a day! But refined fuel is still in a tight spot, with diesel and jet fuel lagging behind at 677,000 barrels. Prices are going wild, especially in Europe and the US, while refinery issues keep causing a ruckus!
.png)
.png)