Source: International Business Times
The Greek-flagged crude oil tanker Asahi Princess off the Syrian port of Baniyas on April 15, 2026, as Iraq used alternative export routes during disruptions to shipping through the Strait of Hormuz. Getty Images Oil prices have fallen sharply from their October highs as a recovery in Middle Eastern exports pushes global supplies above demand for the first time since the Iran war began, even as President Donald Trump maintains the U. S.
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