Total Energies leads market with Middle Eastern oil in March
In March, the French company Total Energies decided to purchase large quantities of crude oil from the Middle East, following the observation of American naval movements near the Gulf in February, which indicated military preparations and potential tensions in the region. This move was taken in anticipation of possible fluctuations in energy supplies, especially given the global markets' reliance on Middle Eastern oil and the sensitivity of maritime traffic in the Gulf area.
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