Crude oil imports from the Middle East in May decreased by 61.9% compared to the same month last year
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Last month's trade statistics were released, showing that crude oil imports from the Middle East decreased by 61.9% from the same month last year due to the continued de facto blockade of the Strait of Hormuz.
Last month's trade statistics were released, showing that crude oil imports from the Middle East decreased by 61.9% from the same month last year due to the continued de facto blockade of the Strait of Hormuz. Imports of volatile oils, including naphtha, from the Middle East also fell by 90%.
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