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News/Oil has surged above $108 as Middle East supply routes come under serious pressure! Flows through the Strait of Hormuz have reportedly collapsed from 9M to under 2M barrels/day, while Middle East to China shipping costs have exploded. Less oil moving and soaring transport

realallincrypto

Oil has surged above $108 as Middle East supply routes come under serious pressure! Flows through the Strait of Hormuz have reportedly collapsed from 9M to under 2M barrels/day, while Middle East to China shipping costs have exploded. Less oil moving and soaring transport

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3 weeks ago·Neutral·Crypto News

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cryptonews

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