Why oil stays near $100 despite resumed Middle East flows
Middle East oil is flowing almost as before the war in Iran, yet crude remains above $100 per barrel, 40% higher than pre-conflict levels for five stated reasons.
Original · Bloomberg AI summary of public reporting
Why: Oil remains above $100 despite resumed flows
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Prices since publication
At publication → CurrentBRENTOIL99.58 → 102.21+2.6%
CL89.13 → 91.19+2.3%