MORE OIL IS LEAVING THE PERSIAN GULF THAN BEFORE THE WAR Middle East oil exports exceeded prewar levels in the week through October 18, acc…
MORE OIL IS LEAVING THE PERSIAN GULF THAN BEFORE THE WAR
Middle East oil exports exceeded prewar levels in the week through October 18, according to Kpler.
A U.S.-protected shipping system is keeping tankers moving despite continued attacks in the Strait of Hormuz.
Yet oil prices remain elevated as shipping costs surge, inventories tighten and traders fear renewed escalation.