Asia Outbids Other Regions for Fuel Cargoes as War Chokes Supply ...Middle East

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Asia Outbids Other Regions for Fuel Cargoes as War Chokes Supply
source : OILPRICE ( Middle East ) () 79
Tankers carrying jet fuel and diesel have sharply diverted toward Asia and away from their initial destinations in the west as the world’s most important oil-consuming region is grappling with a supply crunch amid halted traffic at the Strait of Hormuz.   At least five vessels with diesel and jet fuel cargoes originating from the Gulf and India have made a U-turn near Africa’s southeast coasts and are now signaling their destinations are in Asia, tanker-tracking data compiled by Bloomberg showed on Monday.  In recent…

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