No quick or easy answers to the global refining crisis as Hormuz blockade continues | The National
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Source: The National (UAE)
Published: 2026-04-26 20:51 UTC+10:00
Section: General
Factuality Score: 92
Opinion Category: Neutral
Topics: Business, Transport, Energy, Economy & Finance, World News, Business & Economy
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Snippet:
Oil and financial markets’ default assumption seems to be that the Strait of Hormuz will reopen to traffic soon. Yet, that is not the status quo. If there is no major action from one of the concerned parties, the near-total strangulation of the waterway continues.
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