Every story we've covered involving shipping-disruption.
India's Oil Minister Hardeep Singh Puri said high oil prices reflect disrupted shipping and trade routes rather than a global supply shortage. He cited global supply at about 104 million barrels per day (bpd) versus demand near 94 million bpd, but stressed that Middle East tensions and Strait of Hormuz disruptions have constrained deliveries and raised freight and insurance costs.
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