EnergyEnergy: changes to oil or gas supply can affect Gulf export revenue and Kuwait fuel costs.
Gulf oil flows through Hormuz may be near pre-war levels, but the region's exports might still be far from normal.
Middle East Oil Flows Far from Normal Despite Signs of Oversupply
In simple terms
Crude oil flows through the Strait of Hormuz and the wider Middle Eastern region have recovered to close to pre-war levels, vessel-tracking services have indicated for over a month.
Why it matters for the Gulf
- Vessel tracking shows Middle East crude flows near pre-war levels.
- That signal has held for over a month, though flows remain far from normal.
- Hormuz shipping could stay disrupted, with oversupply signs possibly weighing on Gulf oil revenue.
Earlier coverage
Earlier coverage on GreyNews
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