Despite stronger Gulf exports, Brent is near its Iran-war peak E IGHT MONTHS into the Iran war the oil-market riddle keeps deepening. Since early September exports from the Middle East have climbed. They exceeded 17m barrels per day (b/d) in the week to October 23rd, just 4m b/d below 2025 levels, reckons Vortexa, a data firm.
Yet in the same period the price of Brent futures, the international benchmark for crude, has jumped by a fifth, to $115 a barrel, nearing its April peak (see chart). The task facing the new head of India’s biggest private bank To enhance your experience and ensure our website runs smoothly, we use cookies and similar technologies. Registered in England and Wales.
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