Business

Global Oil Stocks Depletion and Travel Season

Updated 2026-05-21 09:50 UTC 1 source Negative

With physical oil supplies through the Strait of Hormuz at 95% below regular levels, concerns are growing about global oil stocks as travel season starts. This is exacerbated by ongoing tensions with Iran.

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MarketWatch
Physical supplies of oil through the Strait of Hormuz are 95% below regular levels.
2026-05-21 09:39 UTC
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