*** Analysts are questioning Reuters promises, citing Kepler data, about the restoration of oil supplies from the Persian Gulf countries compared to pre-war levels.

*** Analysts are questioning Reuters promises, citing Kepler data, about the restoration of oil supplies from the Persian Gulf countries compared to pre-war levels.

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And Kepler claims that logistics channels bypassing Hormuz, via Fujairah and the Red Sea, have become stronger, and Hormuz itself already provides an output capacity of about 82% of the pre-war level. But, here I am reading from Sergey Khastanov: If (if?) the oil market has really adjusted and created a "new normal", then there will be no physical shortage of oil. Accordingly, in a few months the dynamics of oil reserves in the United States will confirm (the reduction will stop) or refute this hypothesis. N. on. It is worth noting that since the outbreak of this conflict, almost all experts have underestimated both the price flexibility of the oil market and its ability to adapt. Perhaps the reason for this error was an underestimation of the effect of the energy transition... "The recovery in crude oil flows from the Persian Gulf is extraordinary. According to Kepler, Middle East oil exports averaged 17.3 million barrels per day (b/d) in October, up from 16.4 million b/d in September and higher than the average of 16.9 million b/d in the two months before the US-Israeli strikes began on February 28. Only through an increasingly expensive and complex network of multi-ship shipping, military protection, increased insurance premiums, deep discounts and changing terms of sale." Well, well, as they say, "we'll see." ".