Oil markets are facing a renewed supply squeeze as Saudi Arabia shuts its East-West Pipeline following a drone attack, while global inventories have already fallen by more than 500 million barrels since February. Claudio Galimberti, Chief Economist at Rystad Energy, share his insights into where oil prices are heading with the Strait of Hormuz situation remaining unresolved.

Image Credit: Shutterstock

Oil markets are facing a renewed supply squeeze as Saudi Arabia shuts its East-West Pipeline following a drone attack, while global inventories have already fallen by more than 500 million barrels since February. Claudio Galimberti, Chief Economist at Rystad Energy, share his insights into where oil prices are heading with the Strait of Hormuz situation remaining unresolved. Image Credit: Shutterstock

Opinion and analysis of today’s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

Opinion and analysis of today&rsquo;s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.