Oil Chaos Is Clearest in the Hunt for ASAP Barrels
With the market suffering a massive loss of supply, refiners are scouting the world for crude.
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Welcome to our guide to the commodities driving the global economy. Today, reporter Alex Longley looks at the persistent tightness in physical oil markets following the US-Iran ceasefire earlier this week.
A day into the fragile ceasefire between Washington and Tehran, the Strait of Hormuz remains largely blocked, meaning a clamor for oil remains unresolved.