{
  "id": 12085700,
  "title": "Oil Prices Fall as Hormuz Crude Flows Top Pre-War Levels",
  "url": "https://urgent.news/2026/10/05/oil-prices-fall-as-hormuz-crude-flows-top-pre-war-levels",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-05T05:26:00.000Z",
  "source": {
    "name": "OilPrice",
    "slug": "oilprice",
    "url": "https://oilprice.com/Latest-Energy-News/World-News/Oil-Prices-Fall-as-Hormuz-Crude-Flows-Top-Pre-War-Levels.html"
  },
  "original_language": "en",
  "account": "Oil prices dropped in early trading, though Brent remained above $100 per barrel, after Kpler reported that crude flows out of the Strait of Hormuz have surpassed pre-war levels. This comes despite ongoing attacks on Saudi energy infrastructure by the Houthi group and Iranian attacks on tankers in the region. According to preliminary Kpler data, oil flows through Hormuz ranged from 19.5 million barrels per day to 22.5 million barrels per day between September 27 and September 29, roughly double the flows from the previous month. This data suggests that some traders were waiting for more concrete evidence of improving flow conditions. Brent crude traded at $101.20 per barrel, while West Texas Intermediate was at $89.73 per barrel, both up from the previous day's levels. While Iranian attacks on tankers in Hormuz were reported, some market commentators have dismissed these incidents as not significantly impacting prices. Additionally, LNG flows out of Hormuz are also at pre-war levels, a surprising development considering QatarEnergy's ongoing force majeure status on exports. However, reports suggest QatarEnergy is considering buying LNG cargoes to fulfill some long-term contracts, but it is improbable that exports will fully return to pre-war levels due to these operational restrictions.",
  "summary": "Crude oil prices fell in early trading, though Brent remained above $100, after a report from Kpler revealed that flows out of the Strait of Hormuz are now above pre-war levels. The same firm made headlines last week after saying tanker traffic via Hormuz was close to pre-war levels, despite Houthi attacks on Saudi energy infrastructure and Iranian attacks on tankers in Hormuz. At the time of…",
  "key_points": [
    "Brent crude traded at $101.20 per barrel, up from the previous day.",
    "LNG flows out of Hormuz are at pre-war levels despite QatarEnergy's force majeure status."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}