Oil is now flowing out of the Persian Gulf like before the Iran war. Why prices may still not come down anytime soon.

Oil exports from the Persian Gulf have surpassed pre-war levels, with daily flows exceeding 24 million barrels. This increase occurs despite a record number of Iranian attacks, as the market adapts to the ongoing instability. While October flows nearly returned to previous levels, analysts and traders remain cautious. There is significant concern regarding a fragile recovery, suggesting that oil prices may not decrease in the near future despite the current volume of exports flowing through the region.