
Geopolitics
Crude Oil Struts While Refined Fuels Stumble in Energy Showdown
Alright, folks! Crude oil is back, strutting its stuff through the Strait of Hormuz at a dazzling 13.5 million barrels a day. But refined fuels? They're lagging behind like a slow Wi-Fi connection at 677,000 barrels. Prices are soaring higher than my latest invention, with European diesel hitting €2.24 a liter. The US is ramping up refining, but disruptions send global prices into a tailspin. Energy chess, anyone?
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