The 'Tehran toll' could make Middle Eastern crude uncompetitive: Kpler

Muyu Xu, senior crude oil analyst at Kpler, says the U.S.-Iran ceasefire looks fragile and that the two-week window is definitely not enough time to clear the backlog of non-Iranian laden crude oil tankers in the Strait of Hormuz. She also says that while Chinese vessels are in a relatively advantageous position, the data doesn't show that they are passing through the Strait at will.