Kpler's Bakr posts "Europe has few options to replace lost jet fuel flows from the Middle East following disruption in Hormuz. With Asian markets pulling cargoes eastward and export restrictions tightening supply..."
Importance
Level 1
Cont'd.. "attention is shifting to the Atlantic Basin – particularly the US Gulf Coast and West Africa – though available volumes are unlikely to fully offset the shortfall."
#ASIAN SESSION#ENERGY & POWER