At the centre of the disruption lies the Strait of Hormuz, through which approximately 20 million barrels per day (mbpd) typically transits. Described by experts as the largest oil supply disruption in history by affected volumes, it has acted as a real-time systemic stress test, triggering immediate shocks across oil and gas markets, freight and insurance costs, and industrial supply chains.
The WIKA Group has announced the appointment of Harry Ahmet as Vice President, Sub-Region Middle East, North Africa and Turkey (MENAT) to drive growth and customer focus.
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