TODAY'S MARKET INTELLIGENCE
Strait of Hormuz Crude Shipping Recovery Fails to Boost Supply; Global Diesel Crisis Spreads into 2027
English summary
The IEA warns that despite recovering crude oil shipments through the Strait of Hormuz, limited refining capacity in the Middle East and Russia has caused a sharp decline in global diesel supply. Record-high diesel prices are expected to persist until mid-2027, exacerbating global inflationary pressures.
The English text is machine translated and may require verification against the Chinese version.
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