The US war with Iran exposed Tehran’s ability to disrupt the global economy by blocking the Strait of Hormuz. Before the war, around 19 million barrels of crude oil were exported daily from the Middle East. However, Se…
The US war with Iran exposed Tehran’s ability to disrupt the global economy by blocking the Strait of Hormuz. Before the war, around 19 million barrels of crude oil were exported daily from the Middle East. However, September data from tanker-tracking firm Kpler showed oil flows recovering to an average of 16 million barrels per day, the highest since the conflict began.
Source: The Times of India — Top Stories
🔑 Key Takeaways
- Wire dispatch directly ingested from Times of India.
- Published at Fri, 16 Oct 2026 13:34.
- Source URL: https://timesofindia.indiatimes.com/business/india-business/the-return-of-middle-east-oil-has-iran-lost-control-of-strait-of-hormuz-why-are-crude-prices-still-up/articleshow/134991982.cms