
Mideast oil exports increase, but diesel flow still restricted
As the industry adjusts to the U.S.-Iran war, crude oil is finding new ways to flow downstream. But Middle East refineries still struggle to export, limiting diesel supplies, and analysts say Iran’s intensifying attacks could reduce Strait of Hormuz traffic again. Iranian attacks on oil tankers in the Strait of Hormuz ratcheted up in recent days, after weeks of relative calm, and the faster pace is continuing, with one attack reported Oct. 4 and five reported Oct. 5. Nearly 20
