#HormuzOilFlowsRecover

About HormuzOilFlowsRecover

Iran’s foreign minister said Oct 21 that indirect US talks continue, but added reopening conditions, the naval blockade and oil sanctions remain unresolved. Kpler puts weekly crude flows via the Gulf and alternative routes above 24M bpd, exceeding pre-conflict levels; Hormuz flows reached ~14M bpd, ~82% of prior levels. Brent topped $111 intraday Oct 20 before retreating; December futures settled at $108.79/bbl. Can talks progress and sustained flows ease oil price pressure?