Global Oil Stocks Depleted Amid Iran War, Travel Season Nears

Physical oil supplies through the Strait of Hormuz are 95% below regular levels as the Iran war continues, raising concerns as the travel season approaches.

21 May, 09:39 — 21 May, 09:39

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marketwatchMostly Factual3d ago

As Iran war drags on, this is how quickly global oil stocks are being depleted — and travel season is starting soon

Physical supplies of oil through the Strait of Hormuz are 95% below regular levels.

By Nora Redmond

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Global Oil Stocks Depleted Amid Iran War, Travel Season Nears

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As Iran war drags on, this is how quickly global oil stocks are being depleted — and travel season is starting soon

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