In a rare reversal, Russian oil flips to premium over Brent in India after Iran war upends supply
In a rare reversal, Russian oil flips to premium over Brent in India after Iran war upends supply is drawing significant interest across the industry.
The Iran conflict, now in its seventh day, has left the Strait of Hormuz, a critical shipping chokepoint, all but shut, cutting countries off from a fifth of global oil and liquefied natural gas (LNG) supplies.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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