Trump's Oil Claims on Hormuz 'Nonsense': Energy Analyst

Bloomberg
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Trump's Oil Claims on Hormuz 'Nonsense': Energy Analyst
Bloomberg
Written by Bloomberg
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Rystad Energy's Lin Ye warns that Asia is bearing the brunt of crude disruptions in the Strait of Hormuz, noting that refineries are highly reliant on Middle Eastern crude in order to service global demand. President Trump had said the US is self-sufficient and not reliant on Middle Eastern oil.

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