Uncharted waters: Why rising waterborne oil supplies are the lifeline of global energy grid
When the conflict began in late February, floating stocks became a crucial, albeit temporary, source of relief. Now, with the conflict over 75 days old, waterborne inventories are being closely monitored. Global floating storage, which stood at 140 million barrels at the end of 2025, plummeted to approximately 78 million barrels by late March.
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