Hormuz Strait Oil & LPG Supply Normalises Despite West Asia Conflict

News18 Hindi · india

Despite the ongoing conflict in West Asia impacting energy supplies through the crucial Hormuz Strait, crude oil exports from the Gulf region have returned to pre-war levels. to 28, an average of 16.5 million barrels of crude oil were exported daily from Gulf countries. This recovery is attributed to alternative pipeline routes and ship-to-ship transfer systems, as reported by maritime intelligence firm Kepler.