Hormuz Fuel Exports’ Slow Recovery Keeps Prices Near Record
Oil-product exports through the Strait of Hormuz are slowly recovering, but the pace hasn’t been enough to prevent a surge in fuel prices that is squeezing consumers around the world.
By Anthony Di Paola and Prejula Prem · Bloomberg Markets
Oil-product exports through the Strait of Hormuz are slowly recovering, but the pace hasn’t been enough to prevent a surge in fuel prices that is squeezing consumers around the world.