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Shortly after the war in the Middle East began and traffic through the Strait of Hormuz was reduced to a relative trickle, the flow of global jet fuel exports was swiftly roughly halved, as flows from the Persian Gulf ceased and the impact of China’s near-ban on fuel exports began to bite.
Now that the conflict has been underway for nearly two months, the impact of plummeting exports is starting to show up dramatically in the total amount of jet fuel/kerosene on the water to be delivered to ports across the globe.
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About the author
Tarric is an Australian freelance journalist and independent analyst who covers economics, finance, and geopolitics. Tarric is the author of the Avid Commentator Report. His works have appeared in The Washington DC Examiner, The Spectator, The Sydney Morning Herald, News.com.au, among other places.