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20 May 2025 | 17:00 UTC
By Robert Perkins, Max Lin, and Kelly Norways
Latest update: May 20, 2025
The ongoing conflict in the Red Sea continues to transform global shipping routes and commodity trades. As some vessels could start to return to the Suez Canal route, European oil product markets face potential pressure from increased supply flows.
Related content: Resumption of Red Sea traffic likely to pressure European oil product markets: analysts
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