Oil shipments from the Persian Gulf and alternative regional routes averaged more than 24 million barrels per day in the week ending October 18, above the prewar average of 23.3 million, ship-tracking data showed. Flows through the Strait of Hormuz itself remained lower, at about 82% of prewar levels, as tankers adapted to security risks and rerouted cargoes. Meanwhile, Iranian Foreign Minister Abbas Araghchi said Iran had not reached peace and remained in a “truly wartime” situation. Nournews raised the possibility of an “October surprise.”
Published by Banx Network. This article is part of the Banx decentralized media programme, powered by the BXE token on the XRP Ledger.
