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Gulf oil exports recover, but why is the world still facing a $100 crude shock?

Gulf oil exports are recovering after months of disruption caused by the US-Israeli war with Iran, but supplies are still far below the levels seen before the conflict. Crude exports from the Middle East‘s main oil producers are expected to reach 12.8 million barrels per day (bpd) in September, the highest level since the war ...

We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.

Read the original at hellenicshippingnews.com →

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