Cracking Under Pressure The recent naphtha supply crunch in Japan has highlighted a peculiar phenomenon: refined product exports are outpacing crude prices.
This is not just an anomaly, but a symptom of a complex issue involving geopolitics, global trade, and fragile industrial supply chains.
At first glance, the situation may seem obscure even to those familiar with oil markets. However, beneath the surface lies a deeper concern that highlights the interconnectedness of global economies.