Radio and PodcastRadio and PodcastLive Radio & Podcasts
How have European fuel oil markets responded to the Middle Eastern conflict? artwork
Business

How have European fuel oil markets responded to the Middle Eastern conflict?

Oil Markets by S&P Global Commodity Insights

Jul 2, 202612:57Business

The effective closure of the Strait of Hormuz following escalating tensions in the Middle East sent European fuel oil imports from the Gulf plummeting 95% in the first half of 2026. Supply chains faced unprecedented disr...