Mideast Oil Flows Rebound Near Pre-War Levels as JPMorgan, Goldman Flag Shipping Risks
Updated
Updated · Bloomberg · Oct 4
Mideast Oil Flows Rebound Near Pre-War Levels as JPMorgan, Goldman Flag Shipping Risks
3 articles · Updated · Bloomberg · Oct 4
Summary
JPMorgan and Goldman said Middle East crude exports are moving back toward pre-war levels, marking a sharp recovery in regional oil flows despite the ongoing conflict.
JPMorgan called the region’s export network “flowing again” in a Sept. 29 note, though it said the rebound has been uneven and the war still poses risks to shipping.
The recovery suggests physical supply disruptions have eased faster than feared, even as traders and shippers continue to navigate security threats across key Middle East routes.