Hormuz crude flows return to pre-war levels, yet oil may still stay at $90–$100 | Here's why
Crude oil flows through the Strait of Hormuz reached a seven-day average of 13.5 million barrels per day, matching pre-war levels. However, refined fuel shipments remain significantly below those levels, affecting diesel and gasoline prices. Analysts suggest that oil prices could stay between $90 and $100 due to ongoing geopolitical risks and market sentiment.