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Market Impact: 0.25
Oil is now flowing out of the Persian Gulf like before the Iran war. Why prices may still not come down anytime soon.
Source: marketwatch.com
Energy Markets & PricesGeopolitics & War
Persian Gulf oil flows in October nearly returned to pre-Iran-war levels, indicating a recovery in exports. Traders remain wary because the recovery is fragile; the article provides no flow volumes or price reaction.
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