Gulf crude exports ex-Iran hit at least 16.5M bpd in September, matching the prewar average, but only ~60% crossed Hormuz vs 83% before—pipelines and STS transfers are eroding Iran’s chokepoint leverage. #Oil#Hormuz#Iran#Energy#Crude
November WTI traded at $93.00, up 0.61% on the week within an $88.58-$96.54 range, as improving Gulf supply collided with reports of a third U.S. carrier strike group heading to the Middle East. #WTI#Oil#Crude#OOTT#Hormuz
21 LNG cargoes exited the Strait of Hormuz in September, the most in a month since the Iran war began but well below pre-war levels, Reuters data shows. The Strait handled one fifth of global LNG supply. #LNG#Hormuz#Qatar#Gas
Middle East crude exports hit their highest September level since the Iran war began, reaching 98% of pre-war volumes per JP Morgan—despite Hormuz attacks. EU diesel pump prices remain at records. #Oil#Hormuz#Diesel#CrudeOil#Energyhttps://t.co/Hr3GOMUsvP
India's oil minister says high prices reflect disrupted trade routes, not a crude shortage, citing 104M bpd of supply versus 94M bpd of demand. Hormuz disruptions have driven freight and insurance costs higher. #Oil#India#Hormuz#Energy
