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The Red Sea crisis is dividing the energy market: Global energy trade has been split into "two worlds"?

  • Feb 04, 2024, at 1:46 pm
Some signs indicate that as the Red Sea crisis continues to escalate and oil tanker freight rates continue to soar, the global energy market is becoming increasingly localized and regionalized, and the once-global energy trade seems to be "dividing in two," with the Suez Canal becoming the dividing line...
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