Oil Storage Is Filling Fast in Middle East With Hormuz Blocked

Oil producers across the Middle East face a tense countdown as the Iran war blocks the region’s main export artery, filling the countries’ storage tanks and threatening output cuts if...

By Grant Smith, Rong Wei Neo, Mia Gindis · Bloomberg Markets

Oil producers across the Middle East face a tense countdown as the Iran war blocks the region’s main export artery, filling the countries’ storage tanks and threatening output cuts if the situation persists.