Middle East oil exports return to pre-war levels; prices stay high on escalation fears
Published 7 h ago5 sourcesEvidence: Reported
October Middle East oil exports, including via the Strait of Hormuz, have surpassed pre-strike levels per Kpler data, yet prices remain elevated. The market is pricing persistent geopolitical risk despite physical supply recovery, indicating that traders see lingering threats to infrastructure or future disruptions.
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