Global Energy And Geopolitics News

Crude flows normalize in Hormuz, but refined fuel crisis deepens as US military escorts sustain fragile peace

Crude oil shipments through the Strait of Hormuz have returned to pre-war levels of 13.5 million barrels per day, aided by US military escorts and pipeline diversions. However, refined fuel shipments remain severely constrained at 677,000 barrels per day, driving diesel prices to record highs above $6 per gallon in the US. While Iran’s leverage over the strait has eroded, global inventories are depleting, and analysts warn the current military-dependent supply chain is unsustainable without a diplomatic resolution.