IEA Says Escalating Attacks Threaten Middle East Oil Export Recovery
The IEA says a recovery in Middle East oil supply was well underway in September, with Gulf crude exports approaching pre-war levels.
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The IEA says a recovery in Middle East oil supply was well underway in September, with Gulf crude exports approaching pre-war levels.
Oil prices are on track for a weekly gain as escalating attacks in the Middle East keep a geopolitical risk premium in place. The piece says Brent is around $104 a barrel and WTI near $92.