Breaking
Posted 5 hours ago
Middle East Oil Exports Diverge: Iran Offline, Saudi West Coast Surges
Iran's crude exports remain at zero for over three months; Iraq, Kuwait, and Qatar show sharp declines versus pre-war baseline, while Saudi Arabia's west-coast shipments jump 296%. Supply disruption supports oil prices and favors commodity-linked currencies, particularly CAD. Traders monitor whether OPEC+ adjusts production and whether energy-cost pass-through reprices other central banks after BOJ flagged raw-material pressure.
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