Oil and fuel markets under pressure as key energy routes strain
Pressure on major energy shipping routes is testing the resilience of the global oil market, with disruption stretching from the Strait of Hormuz to the Red Sea and the Black Sea. The strain is affecting the movement of crude and fuel at a time when markets are already tight. Shuttle tankers are helping keep oil flowing through Hormuz, but at a much higher cost.The wider result is a market shock that is feeding through to transport and fuel prices. The immediate concern is not a complete halt in supply, but the rising cost and complexity of moving energy. The supplied... [Continue Reading]
360LiveNews | 24 Sep 2026 13:07 LONDON
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