Global oil prices stay high despite rebounding crude supply

Oil prices remain near war peaks despite recovering supplies.

Brent crude prices have climbed significantly above pre-war benchmarks despite recovering supply levels across the Gulf. Markets continue to grapple with persistent pricing pressures following regional conflict. Analysts point to lingering geopolitical anxiety as a primary driver for the sustained high costs.

• The increaseBrent crude is trading more than 60% higher than before the conflict began.
• The contextGulf exports have rebounded, yet market pricing remains stubbornly near its peak.