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Record US-Europe crude flows as Houthi Red Sea attacks sideline Iraqi imports

Iraq exports to Europe plunge, as crude tanker transits through Suez Canal remain 25% below average levels, based on data from Vortexa and Lloyd’s List Intelligence

Change in refineries’ crude buying patterns across Europe underscore the global recalibration in seaborne oil trades following three months of missile and drone attacks through trade artery linking Middle East and Asia to Mediterranean

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