🛢️ Crude oil exports from the Persian Gulf exceeded 14 million barrels/day last week, the first time since the Iran war began, up more than 210% from the low of about 4.5 million barrels/day in March.
Crude oil exports have now recovered to about 80% of pre-war levels, as the US establishes a two-way maritime corridor along the Omani coast.
However, refined products like gasoline, diesel, and jet fuel have only recovered to about 50% of pre-war levels due to higher transportation costs and some refineries in the region still not fully operational.
#EthereumValidatorExitQueueJumps392% #SECHaltsCryptoETFReviewsAmidFundingLapse #GreekPoliceBustCryptoScamRingArrest17 #FedOctoberRateHikeOddsFallTo17%
Crude oil exports have now recovered to about 80% of pre-war levels, as the US establishes a two-way maritime corridor along the Omani coast.
However, refined products like gasoline, diesel, and jet fuel have only recovered to about 50% of pre-war levels due to higher transportation costs and some refineries in the region still not fully operational.
#EthereumValidatorExitQueueJumps392% #SECHaltsCryptoETFReviewsAmidFundingLapse #GreekPoliceBustCryptoScamRingArrest17 #FedOctoberRateHikeOddsFallTo17%
