Middle East crude exports recover to near pre-war levels but oil products still lag, analysts say

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Cargo vessels congestion blocking maritime traffic in the Strait of Hormuz, tankers and container cargo ships clustered in aerial 3D illustration render. — quantic69

Middle East crude oil exports have rebounded to 17.5M bbl/day on a 10-day average, or 98% of pre-war levels, despite continued risks to shipping, J.P. Morgan analysts said this week, supported by restored flows through Saudi Arabia’s East-West pipeline and