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Breaking Posted 18 days ago

Iraq Moves 2 Million Barrels Crude Beyond Strait of Hormuz

News
Iraq has relocated 2 million barrels of crude oil beyond the Strait of Hormuz, reducing exposure to regional shipping chokepoint risk. Energy supply disruptions affecting the strait influence crude prices and CAD via oil correlation; elevated geopolitical tension in the region remains a structural risk to energy markets and risk sentiment.
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H
@hosea_makelele · 2 weeks ago

Over 40 Iranian oil vessels turned back already

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@liam_calgary · 2 weeks ago

Iran is running out of storage space for its oil due to the US naval blockade, checkmate!

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W
@weilo_daniel · 2 weeks ago

They are considering building rail tracks to export oil to China who buy 50% of their oil from Iran

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A
@arthur_wildberry · 2 weeks ago

transporting by rail moves smaller volume, the economics dont work

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