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At close · Tue, Sep 29, 2026
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Home›Commodities›Energy›Tankers resume more through Strait of Hormuz as oil ex…

Tankers resume more through Strait of Hormuz as oil exports rebound

Even with more shipments moving, global oil supply remains below demand, leaving prices elevated.

Reported · Written up by our desk · Energy

NYT Business reports more tankers are moving through the Strait of Hormuz as shippers gain confidence in the route.

The outlet says that, despite the rebound in oil exports, global oil supply is still below demand, which helps explain why prices remain elevated.

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Sources

NYT BusinessMideast Oil Exports Rebound Even as Prices Remain Elevated

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