Oil
Hormuz Oil Flows Unlikely to Return to Pre-War Levels, Rystad Says
CEII brief
OilPrice.com reported on 3 Nov 2026: Hormuz Oil Flows Unlikely to Return to Pre-War Levels, Rystad Says.
Read the full story on OilPrice.comThe United States and Iran could reach some form of a limited agreement by the middle of 2027, which would allow oil flows from the Strait of Hormuz to continue to gradually recover, but fundamental differences will remain, and the Middle East situation will remain far from…
Context from CEII
Crude benchmarks move budgets, currencies and inflation in producer and importer countries alike. For economies such as Nigeria, where fuels dominate exports, production and refining decisions move the whole economy.
68.0% of Iran’s merchandise exports were fuels in 2023Countries in this story
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