Impact of Red Sea Disturbances on Global Oil Supply Chains: 47% Decline in Middle East to Europe Oil Shipments
Kpler platform data indicated that the quantities of oil heading from the Middle East to Europe declined to 570,000 barrels per day during the month of December, down from 1.07 million barrels per day in October. Thus, energy markets have lost approximately 47% of crude oil supplies, a clear indication of the impact of the … Read more