BAIINFO Highlights-Impacts of the Middle East Situation on Petroleum Coke Market

BAIINFO-CHINA, Due to intensified Middle East situation, the Strait of Hormuz has been announced to be closed. As the Strait of Hormuz is an important global energy channel, its closure may lead crude oil prices to surge. China imports petroleum coke from countries within the Strait of Hormuz, including Kuwait, UAE and Saudi Arabia.

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