NewsbaseWhy Gulf bypass routes offer only weeks of oil supply cover https://newsbase.com/story/why-gulf-bypass-routes-offer-only-weeks-of-oil-supply-cover-429301?utm_source=dlvr.it&utm_medium=mastodon #GulfOilSupply #EnergySecurity #OilIndustry #BypassRoutes #OilSupplyChain
Dhamu InternationalIn December 2024, Hengli Petrochemical acquired 12M barrels of Middle Eastern crude oil, including Qatari al-Shaheen, Iraqi Basrah Medium, and UAE's Upper Zakum, using a 2M-ton import quota for 2024-2025. This move ensures resilience amid risks from U.S. sanctions on Iranian oil.
#DhamuInternational #ChinaImports #MiddleEastOil #USSanctions #EnergyResilience #GlobalTrade #OilSupplyChain #HengliPetrochemical #CrudeOilImports #GeopoliticalTensions #EnergyStrategies #SupplyChainManagementExperts
