Covert mideast oil flows are keeping global prices in check
via bloomberg.com
Short excerpt below. Read at the original source.
Middle Eastern oil producers are pressing ahead with shuttling large volumes of crude out of the Persian Gulf, helping keep a lid on prices and assuaging fears of an energy-driven inflation spike, even as the Iran war drags on. The trade of ferrying oil through the Strait of Hormuz undetected to transfer the barrels onto […]