15M Barrels of Oil a Day Vanished. What Happens Next?
Content Introduction 2026-06-02 14:32
The effective closure of the Strait of Hormuz has prevented 20% of the world’s exported jet fuel from making it to airlines around the globe, while also stopping one fifth of the world’s crude oil from reaching refineries. That’s causing ripple effects throughout the global aviation network as airlines face a summer of higher fuel costs and potential fuel shortages.
Disclaimer:Some materials used in this video are sourced from the internet. This video is intended for learning, communication, and reference purposes only and does not constitute any professional advice. If there is any infringement or inaccurate content involved, please contact us for handling.