US Crude Shipments to Asia Shift to Panama Canal Route
Asian refiners are routing US crude through the Panama Canal to avoid war disruptions. The shift follows a Jones Act waiver intended to stabilize supplies.
Xurve View
Xurve View
Asian refiners are increasingly directing medium-sized crude oil shipments from the United States Gulf Coast through the Panama Canal. This strategic shift is a direct response to the ongoing conflict involving Israel and Iran, which has severely disrupted traditional trade flows and inflated shipping costs across the globe.
