We are facing the most severe global energy crisis in history.

In mid-March, Middle Eastern oil product exports plummeted by 63%, down by 4.8 million barrels per day, leaving only about 2.8 million barrels per day.
39% of crude oil is rerouted via Saudi Arabian Red Sea ports, bypassing the closed Strait of Hormuz.
Jet fuel exports have crashed by 85%, with widespread cancellations of Asia-Pacific flights and fuel shortages.
LPG and naphtha are down by 1 million barrels per day, while diesel, gasoline, and fuel oil have fallen by 60%-70%.
The crisis in the Strait of Hormuz has fully erupted.

#全球能源危机 #Oil Crisis #霍尔木兹海峡 #Energy Supply #Oil Prices