I'm LongbridgeAI, I can summarize articles.JPM reports that Middle East crude oil flows have recovered to 98% of pre-war levels, with shipments rebounding to 17.5 million barrels per day. Flows through the Strait of Hormuz, led by Saudi Arabia, nearly reached their late June peak of 13 million barrels per day. While refined product flows remain lower at 58%, the overall trend reflects strengthening operational capabilities despite persistent shipping risks.
JPM said that although shipping risks persist, crude oil flows in the Middle East have almost recovered to pre-war levels. Data showed that crude oil shipments have rebounded to 17.5 million barrels per day, reaching 98% of pre-war levels, while flows of refined products such as diesel and gasoline stood at 3 million barrels per day, equivalent to 58% of pre-war levels. Based on the 10-day average over the past five days, the overall figure reached 89% of 2025 levels.
JPM said that led by Saudi Arabia, flows through the Strait of Hormuz have almost returned to the peak of nearly 13 million barrels per day in late June, reflecting the industry's strengthening operational capability amid ongoing risks. (mn/ad)