Cumulative crude and condensate supply losses in the Middle East have reached 521mln barrels, according to Kpler's Baker

This significant cumulative loss of crude and condensate supply in the Middle East could lead to tighter market conditions, potentially pushing prices higher for WTI and Brent. Given the already existing supply constraints, this figure reinforces the risk of supply disruptions impacting the energy market and could have broader implications for inflation and global economic activity.