EconomyOil flows rise as Iran war turmoil eases. Why are prices still climbing?

Gulf crude exports have at times exceeded their pre-war average, but Brent remains more than 60 percent above pre-war levels. Analysts cite fears of renewed US-Iran hostilities, shrinking stocks and sharply higher transport costs as oil moves through and around the Strait of Hormuz.

oil pricescrude supplyIran warStrait of Hormuz

AAl Jazeera★★★★☆2026-10-30 08:36Original