Iran Reopens Hormuz, Oil Flows Again Under U.S. Deal
Agreement lets Iran sell crude freely, reversing sanctions that spiked diesel 50% since war started. What the fuel-price drop means for small fleets.
#Oil Supply
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Hormuz Oil Flows Down 6 Million Barrels a Day, Diesel Watch Begins
Strait of Hormuz crude and fuel flows fell nearly 30% in Q1, the Energy Information Administration reports. Small fleets face diesel price exposure if the drop…
Hormuz Closure Drains 100M Barrels a Week, Stockpiles Running Low
Saudi Aramco CEO warns storage is being drawn down to cover the shortfall as the strait stays shut.