Oil is now flowing out of the Persian Gulf like before the Iran war. Why prices may still not come down anytime soon.

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• Brent crude hovers around $109 a barrel

  Brent crude settled up 3 cents at $108.82 a barrel on October 21, while WTI fell 67 cents to $97.15, as the risk of supply disruption in the Middle East kept markets on edge. Iran's Revolutionary Guards said mines had stopped three tankers trying to pass through the Strait of Hormuz on routes Tehran considers unauthorized, and two of the violating vessels caught fire. Houthi forces claimed attacks on Saudi Aramco's Yanbu facility, the Shaybah oilfield and airports in Riyadh and Abha. Goldman Sachs said average global crude freight rose above $20 a barrel from $3 a year earlier, with about $7 of that increase from war-risk premiums for Hormuz transit, and warned higher shipping costs could push up refined product prices.

  Vietstock·22/10, 01:38▲ PVD▲ PVT• PLXoil pricesStrait of HormuzIran
• Expert: World oil prices set for unprecedented surge

  Brent crude is trading near $110 a barrel and U.S. crude near $100, up about 80% and more than 70% respectively since the start of the year. William Blair analyst Neal Dingmann warns of a possible “super spike,” as tanker attacks linked to Iran and record shipping costs tighten physical supply. The U.S. Strategic Petroleum Reserve is at its lowest since 1982, limiting the effect of releases, while heating oil futures have more than doubled this year. Goldman Sachs raised its December Brent forecast to $90 a barrel but sees a possible $125 if oil infrastructure is destroyed or geopolitical risk premiums stay high. Meanwhile, many U.S. producers posted record free cash flow in the second quarter.

  CafeF·19/10, 01:34▲ PVD▲ PVT▼ PLXoil pricesIranshipping
• Oil falls as investors assess Mideast tensions, International Energy Agency's report

  Oil fell Thursday as traders weighed supply risks from attacks on ships in the Strait of Hormuz and the IEA's latest monthly report. Brent for December delivery dropped 1.66% to $104.31 a barrel and WTI for November fell 1.09% to $94.05. A Singapore-registered ship was sunk in the strait, raising fears of a prolonged Mideast conflict, and Iran said it is “counting the moments” until it can strike U.S. warships. The IEA warned diesel constraints could last into next year, and fresh attacks on Saudi Arabia threaten to derail the supply recovery. Reuters reported the Trump administration is considering easing sanctions on “shadow fleet” vessels to help lower prices, while analyst Firas Bechwaty of ICM said US-Iran diplomacy has made little progress toward reopening the waterway, though accelerated IEA emergency stock releases are cushioning prices.

  CNBC·15/10, 04:09▼ PVD▼ PVT▲ USD/CADoil pricesgeopoliticsPVD
• Crude Prices Rally as Middle East Hostilities Disrupt Energy Supplies

  November WTI crude (CLX26) closed up 0.95 (+1.01%) on Wednesday, while November RBOB gasoline (RBX26) rose 0.094 (+0.29%). The rally in both extended through the week, with crude reaching a 2-week high. Escalating hostilities in the Middle East are disrupting energy supplies in the region.

  Yahoo Finance·14/10, 19:16▼ PLX▲ PVD▲ XAU/USD• PVToil pricesgeopoliticsMiddle East
• Airline industry braces for years of turbulence

  Airline executives told the Financial Times that fuel prices surging after the Iran war could become the new normal, forcing carriers to keep raising fares and possibly scale back growth plans or cut fleets. TAP Air Portugal's CEO Luís Rodrigues expects three to five difficult years because pricing power is limited. So far demand holds up: OAG estimates 2.3 billion bookings in the first half, up 1% year on year, even as fares rose. Executives worry that fuel-driven inflation will erode household purchasing power, and many carriers plan further fare hikes as fuel hedges expire. Abra's CEO Adrian Neuhauser said the industry could end up smaller than it otherwise would, while SunExpress's Marcus Schnabel said AI is 'not free' and must compete with aircraft purchases for capital.

  Vietstock·19/10, 07:40▼ VJCVJCoil pricesinflation
• E10 gasoline prices fall to near VND 27,000 per liter

  From 15:00 today, E10 RON 95-III gasoline fell VND 1,230 to VND 27,020 per liter, E5 RON 92 dropped VND 730 to VND 26,970, and diesel fell VND 20 to VND 29,100 per liter, while fuel oil (mazut) rose to VND 22,130 per kg. The joint Ministry of Industry and Trade and Ministry of Finance said global fuel markets were affected by a Russia-to-US diesel export deal and OPEC cutting its oil demand growth forecast. The price stabilization fund was set at VND 200 per liter for biofuel gasoline and used at VND 500 per kg for mazut, while some wholesalers such as Petrolimex and Thanh Lễ listed prices VND 300 per liter below the ceiling. The Ministry of Industry and Trade is finalizing a draft decree that would let businesses set their own selling prices instead of the state publishing a maximum price every 7-day cycle, and proposes requiring wholesalers to have a minimum total supply of 300,000 m3 or tonnes per year.

  VnExpress·15/10, 07:52▲ VJC▼ PLXfuel pricesoil pricesVJC

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  Yahoo Finance·22/10, 20:54• TSLATSLAElon MuskSpaceX
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  Yahoo Finance·22/10, 20:47▼ NVDACoreWeaveNebiusbonds
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  CNBC·22/10, 20:44Disneyadvertisingstreaming
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  CNBC·22/10, 20:37METAtaxesMark Zuckerberg
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  Cointelegraph·22/10, 20:36cryptotokenized assetsliquidity