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Oil Prices Rise as Flows Through Hormuz Increase

Summary by BizToc
Oil prices have been choppy as the flow of oil through the Strait of Hormuz has returned to nearly 80% of pre-war levels.

7 Articles

(Seoul = Yonhap News) Reporter Lee Jung-jin = Crude oil exports from the Middle East in September reportedly recovered to 87% of pre-war levels. The volume of crude oil passing through the Strait of Hormuz also...

·Seoul, Korea (the Republic of)
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Today and almost to the general surprise the countries of the Persian Gulf export about 80% of the quantities of oil they sold before the war against the Islamic Republic of Iran. A situation almost returned to normal. In fact, no. The barrel of oil still remains around the 100 dollars and even more given the too low refining capacity in the world, the prices of fuels, especially diesel and kerosene, are not ready to decline. There is also a cri…

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Last week, the industry’s main trackers recorded an increase in the traffic of oil tankers through the Strait of Ormuz. According to the different tracking systems, the track was passing between 13 and 17 million barrels of oil per day, as well as between 6 and 17 oil tankers. However, these figures [...] The entry Oil crosses the Strait of Ormuz, but the US war against Iran continues to affect prices was first published in Contigo Puebla.

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Marco Rubio said that the oil flow through Ormuz almost returned to pre-conflict levels and addressed energy cooperation with Greece.

·Lima, Peru
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atvbl.rs broke the news on Wednesday, October 7, 2026.
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