The Refining Squeeze: When Freight Consumes the Margin
The global oil market is facing a new commercial imbalance: crude supply is recovering unevenly, but the cost of transporting and refining it is undermining the economics of physical energy trade.
Strait of Hormuz Crisis Deepens as Oil Flows Collapse and Market Risk Remains High
Vessel traffic through the world's most important oil chokepoint remains around 90% below pre-conflict levels, keeping crude prices, tanker markets and global supply chains under pressure.
