Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
World
Jason Ma

Mideast oil may soon have no way out amid 'everything everywhere all at once' wars, but the crisis in refined products is even worse

(Credit: Fatemeh Bahrami/Anadolu via Getty Images)

Fighting across the oil-producing world is catching up with energy markets, which could soon be choked off by multiple chokepoints and shortages.

Over the weekend, the U.S. and Iran have paused their attacks on each other in the Persian Gulf while they engage in diplomacy. Iran and Oman are also in separate talks to reopen the Strait of Hormuz.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.