North American Oil Is In Demand as World Grasps for Supplies
The spiderweb of cracks in the global oil market are spreading across the Rocky Mountains and US Great Plains as demand for a shrinking pool of accessible crude escalates.
Hormuz closure hits global trade
- Hormuz closure divides fortunes of Middle Eastern oil states 📹 Reuters —
- Qatar LNG Vessels U-Turn After Attempt to Pass Through Hormuz Bloomberg —
- Hormuz Traffic Rises to Highest in Weeks as More Transits Agreed Bloomberg —
- Iran war to throttle oil flows even if Strait of Hormuz reopens soon CBS News —
- US Truck Rates at Highest Since 2022 Add to Inflation Pressures Bloomberg —