Crude Is Back at 80% in the Gulf, but Refined Products Are Stuck at… | HappeningNow.news

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Crude Is Back at 80% in the Gulf, but Refined Products Are Stuck at 35%

The leading economics blog online covering financial issues, geopolitics and trading.

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The leading economics blog online covering financial issues, geopolitics and trading. The story in the Strait of Hormuz has been that Middle Eastern crude exports have recovered to about 80% to 85% of pre-war levels, including pipeline shipments, while refined-product exports remain muted.

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