Energy Markets Strained by Iran, Ukraine Wars
Renewed US-Iran fighting and uncertainty over shipping through the Strait of Hormuz are adding pressure to global energy markets, while the threat of mines continues to deter some traffic. Ukraine’s attacks on Russian refineries are compounding tight diesel supplies, creating what Bloomberg News Oil Products Reporter Will Kubzansky describes as a distillates crisis heading into peak demand…
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
