UK Jet Fuel Rationing Risks Emerge As Goldman Warns Of "Extreme Physical Tightness"

UK Jet Fuel Rationing Risks Emerge As Goldman Warns Of "Extreme Physical Tightness" Brent crude futures briefly tumbled below $100 a barrel on Wednesday morning after an Axios report indicated the Trump administration and Tehran were working toward a one-page memorandum of understanding to end the war and reopen the Strait of Hormuz. Still, any near-term peace deal would not immediately normalize the badly fractured global energy supply chains. Crude products markets remain phys...

By Tyler Durden