Middle East Oil Shipments Top Pre-War Levels Despite Hormuz Attacks

Middle East oil shipments averaged over 24 million barrels a day in the week through October 18, above pre-war levels, the Wall Street Journal reported October 20. That held despite Iranian attacks on ships in the Strait of Hormuz, a key route. Bloomberg, reporting October 21, said the October average so far is still below pre-war levels, as shipments swing.