Supply flows redirected from the Persian Gulf toward Asia, shipments coming from the US East Coast
ℹ️ Browser-based reading · AI studio voice coming soon
The volume of oil supplies through the Panama Canal has increased by 74%, according to reports citing data from the transport sector.
The cargo diversion is driven by the situation surrounding Iran. Supplies are predominantly routed from the US East Coast to Asian countries, which are experiencing a significant reduction in deliveries from the Persian Gulf.
The shift in supply routes reflects a restructuring of global oil flows.