mniraq - Concerns are renewing in international markets regarding the possibility of oil prices reaching unprecedented record levels, amidst escalating security risks in vital energy corridors and the Arabian Gulf.
Economic experts point out that ship-to-ship transfer operations in open regional waters represent a vital safety valve to maintain the flow of crude supplies and limit upward pressures on global prices.
Although producers resort to these logistical alternatives to overcome shipping crises, the persistence of tensions and navigational congestion pose a major challenge to the stability of energy markets and meeting increasing international demand.
