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VOL. I·NO. 01
SUNDAY, OCTOBER 4, 2026
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  1. 001CNBCSEP · 30English

    Crude oil exports through the Strait of Hormuz hit prewar levels, but fuel shipments remain constrained

    Crude oil exports through the Strait of Hormuz have recovered to prewar levels at 13.5 million barrels per day, supported by U.S. military escorts, but refined product shipments remain severely constrained at just 677,000 bpd compared to 3.6 million bpd before the war. Iran's own crude exports have collapsed under U.S. Navy blockade, while the global fuel crisis has pushed diesel prices to record highs and prompted President Trump to consider export restrictions.