President Donald Trump pressed for a de-escalation of attacks on Middle East energy sites after Iranian and Israeli strikes on major gas fields jolted global markets.
China, the world’s biggest crude importer, is close to tapping its vast commercial oil reserves as the Middle East war shows no signs of ending, according to FGE NexantECA.
Many African economies are running on weeks of refined fuel as the Iran war chokes off shipments through the Strait of Hormuz, forcing governments to scramble for alternatives.
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