Oil is now flowing out of the Persian Gulf like before the Iran war. Why prices may still not come down anytime soon.
- Persian Gulf: 6 events in the last 90 days
- Previous: 17 days earlier · Persian Gulf oil flows return to prewar levels, but Iran could resort to a ‘scorched earth campaign’ as U.S. deploys more ships and Marines to Mideast
What happened
Oil flows out of the Persian Gulf in October nearly returned to levels seen before the start of the Iran war, but traders remain wary about a fragile recovery.
Summary assembled by rule from the sources below