Oil Prices Fall as Hormuz Crude Flows Top Pre-War Levels
Crude oil prices fell in early trading after Kpler reported that flows out of the Strait of Hormuz are now above pre-war levels, despite ongoing Houthi threats. Brent remained above $100.
Original · OilPrice.com AI summary of public reporting
Why: Hormuz crude flows exceed pre-war levels → increased supply
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Prices since publication
At publication → CurrentBRENTOIL101.50 → 102.22+0.7%
CL89.99 → 91.14+1.3%