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  4. January 2026, Vol. 253, No. 1
  5. Editor's Note: When Tankers Stall, Pipelines Gain Strategic Leverage
Feature January 2026, Vol. 253, No. 1

Editor's Note: When Tankers Stall, Pipelines Gain Strategic Leverage

Sanctions and geopolitical uncertainty around Venezuela are reshaping crude flows and quietly strengthening the strategic role of North American pipeline infrastructure as refiners seek reliable heavy crude supply.

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