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Hormuz crude flows return to pre-war levels, yet oil may still stay at $90–$100 | Here's why

• Hormuz crude shipments averaged 13.5 million barrels per day over seven days, back to pre-war levels
• Oil may still stay at $90–$100, the report said
• Persistently high crude prices could pressure Indian refiners and fuel retailers

Oil dips as traders weigh U.S.-Iran tensions against supply recovery

Oil rebounds as Middle East supply and shipping risks persist

• Oil prices rose to $103 per barrel as Middle East supply concerns intensified
• Middle East crude exports recovered to prewar levels, but shipping and US-Iran risks weighed on trading
• Higher crude prices can pressure Indian oil marketing companies and airlines

Oil Prices Near $103: Brent Crude Extends Gains As US-Iran Tensions Escalate

• Brent crude is near $103 and extending gains
• Ukrainian strikes on Russian refineries have forced Moscow to restrict diesel exports
• Higher crude prices pressure Indian oil marketers and raise fuel costs for airlines

Quant hedge funds reap big gains from global bond sell-off

• Trend-following portfolios have gained from this year’s sharp rise in bond yields
• The Iran war and strong US economic data are fuelling inflation fears
• Higher global yields may pressure Indian banks’ bond portfolios and funding costs