US Set to Import Most Middle East Crude Since Iran War Began
π’οΈ SUPPLY CHAIN β Washington is buying the oil it's fighting over. π LOOK CLOSER: Peak US imports from the region amid an active Hormuz blockade signals Gulf Arab states β Saudi Arabia, UAE β are routing crude around the Strait through alternative means. It exposes a structural contradiction: the US military presence that's partially closing Hormuz is also enabling the trade flows that depend on it staying open.