KPLER estimates Asia's crude imports will rise to about 22.18 mln bpd in June from 20.35 mln bpd in May, still below the pre‑Feb. 28 attack three‑month average of 26.76 mln bpd. June volumes are well above April's eight‑year low of 18.77 mln bpd, when the Strait of Hormuz was effectively shut. KPLER said refined‑product supply remains constrained and that restoration of roughly 20% of pre‑conflict global flows through the Strait could bring additional oil to Asia in July, a tightening likely to

2026-06-22

KPLER estimates Asia's crude imports will rise to about 22.18 mln bpd in June from 20.35 mln bpd in May, still below the pre‑Feb. 28 attack three‑month average of 26.76 mln bpd. June volumes are well above April's eight‑year low of 18.77 mln bpd, when the Strait of Hormuz was effectively shut. KPLER said refined‑product supply remains constrained and that restoration of roughly 20% of pre‑conflict global flows through the Strait could bring additional oil to Asia in July, a tightening likely to be reflected in prices.