Oil Flowing From Hormuz, But Not The Needed Fuel
Ships are ferrying almost as much crude oil out of the Strait of Hormuz as before the Iran war, but are barely moving any diesel, a distinction that is paramount in American politics.
Ships are moving nearly as much crude oil out of the Strait of Hormuz as they were before the Iran war, but they are barely transporting the fuel most needed globally: diesel. For now, that distinction is especially important in American politics. President Trump's team has explored a…