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More Oil is Flowing Through the Persian Gulf Than Before the War. Prices are Still High.

Persian Gulf
International Business Times Fews App News Provider
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Brent crude stands just below $109 a barrel on Wednesday as geopolitical tensions remain high. Getty Images A new report detailed that oil exports from the Persian Gulf have surpassed levels recorded before the Iran war. But other factors, like sky-high tensions in the region, as well as increased freight costs resulting from ensuing dangers, are keeping prices elevated.

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