A flood of oil is set to hit energy markets. Here’s how much crude may be unleashed.
AI Summary
Millions of barrels of crude oil are expected to enter energy markets soon despite ongoing fragile cease-fire talks between the United States and Iran. This influx could significantly impact global oil supply conditions over the short term.
Despite a fragile U.S.-Iran cease-fire and fears of an uneven recovery, millions of barrels of crude oil are already lined up over the short term.