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📰 Oil shipments through the Strait of Hormuz have fallen sharply amid instability in the Middle East, — The Wall Street Journal
On Thursday, 22.8 million barrels of oil per day passed through the strait. On Friday, the volume fell to 6.7 million, and on Saturday to 2 million.
Meanwhile, Bloomberg reports that the price of Brent crude rose to nearly $107 per barrel.
📰 Oil shipments through the Strait of Hormuz have fallen sharply amid instability in the Middle East, — The Wall Street Journal
On Thursday, 22.8 million barrels of oil per day passed through the strait. On Friday, the volume fell to 6.7 million, and on Saturday to 2 million.
Meanwhile, Bloomberg reports that the price of Brent crude rose to nearly $107 per barrel.