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Commodities

US Energy Secretary Wright says 13mln BPD of oil leaving the Gulf region over the past week; US military escorting oil and gas through the Strait

StockNow breaking-news AI analysis

Gulf oil exports recovered to 13M BPD under US military escort. While SPR is at 40-year lows, it remains operational. Markets eye stability via new Gulf investment deals.

News detail

Half that of the oil flowing through pipelines, the SPR is a long way from operational minimum.

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