New Delhi, July 24 -- Oil producers stranded without shipping routes face complete asset devaluation as regional supply bottlenecks intensify, making crude effectively worthless at the point of origin, said a senior oil market analyst at Sparta Commodities, June Goh.

Speaking to ANI, she stated that blockades along Starit of Hormuz leave suppliers with zero monetary value unless alternative transit solutions are established.

"...If you cannot get your oil out, the oil is worthless in their fields, essentially. So these producers, they have to find a way to still generate revenue by getting a more difficult route out, as you say, or a more ingenious route to then facilitate revenue coming back to the country," Goh said.

Goh pointed out ...