Energy
7.8
War with Iran keeps oil supply tight; Brent futures signal $100+ into 2027
Published 2 d ago2 sourcesEvidence: Reported
SeverityHighAssessedDeveloping storyOilPrice.comUS · IL · IR
Iraq's oil exports averaged over 3.4 million bpd in October, up 750,000 bpd from September, approaching pre-war levels. The increase is driven by resumed flows through the Iraq-Turkey pipeline and higher southern exports. This signals a significant supply boost to global markets, potentially easing tightness.
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