Oil is now flowing out of the Persian Gulf like before the Iran war. Why prices may still not come down anytime soon. Oil is again flowing out of the Persian Gulf.
Why prices aren't coming down yet. Wednesday brings fresh jitters about a potential escalation of hostilities in the Persian Gulf Global Brent crude was at $108.82 a barrel Wednesday as news reports suggested the potential for fresh hostilities in the Persian Gulf conflict. /iStock Oil flows out of the Persian Gulf in October nearly returned to levels seen before the start of the Iran war, but traders remain wary about a fragile recovery. Total crude exports in the region, or flows coming out of Iran, Iraq, Kuwait, Qatar, Saudi Arabia, the United Arab Emirates and Oman, recently recovered to within 10% of their previous levels in January and February, according to data compiled by TankerTrackers.com, a maritime intelligence firm tracking crude oil shipments (see chart below).
Copyright ©2026 MarketWatch, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Moderna is about to release the trial results for its cancer vaccine. A lot is riding on this data.
Is that so bad? 7 healthcare stocks that stand out as investors pay up for the sector Myra P. Saefong, assistant global markets editor, has covered the commodities sector for MarketWatch since 1998. She has been writing the Commodities Corner column since 2005.
Intraday Data provided by FACTSET and subject to terms of use. Historical and current end-of-day data provided by FACTSET. All quotes are in local exchange time.
Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements.
Extract — continue reading at the source.
