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Ship-Fuel Squeeze Persists Despite More Hormuz Crude, Vitol Says

Source: Bloomberg

Energy Markets & PricesCommodities & Raw MaterialsTransportation & Logistics

A Vitol Group executive said accelerating crude exports through the Strait of Hormuz are not translating into higher production of a shipping fuel, tightening supply and sending prices soaring. The article gives no price or production figures.

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