Gulf oil exports recover to 81% of pre-war levels; Brent dips below $100

Persian Gulf oil exports have recovered to 81% of pre-war levels, pressuring Brent crude to a low of $98.15 before settling back above $100. The recovery suggests supply disruptions are easing, but the return above $100 indicates lingering uncertainty. This shift could signal a gradual normalization of oil markets, though the sustainability of the recovery remains unverified.