Asian Markets Brace for Oil Shortage
Glasgow News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Asian markets face severe oil and gas shortage due to Strait of Hormuz closure, leaving refiners scrambling for alternatives and prices soaring. Equinors vessels stuck in the Gulf, uncertainty over reopening. Experts call it the biggest crude oil supply shock ever, with European refiners benefiting while Asian counterparts struggle.
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