The likely loser in Gulf's post-war race for oil market share
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
OPEC is reportedly at risk of losing market share in the gulf's post-war oil market. The region's oil trade is experiencing changes, with some refiners turning to cheaper gulf oil and Saudi Arabia considering a new plan to reset oil routes. The situation in the Strait of Hormuz, a key oil passage, remains uncertain, with some tankers changing course and others being escorted through the area.
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