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Middle East Exports

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Aerial shot of an oil tanker sailing in the ocean near Vado Ligure, Italy.
FORECASTSSEP 28, 2026
Crude Oil Outlook Turns Higher as Hormuz Talks Stall and Supply Risk Returns
WTI and Brent started the week higher after diplomacy around the Strait of Hormuz failed to deliver a clear breakthrough. Traders are now watching whether WTI can reclaim $95.18 and whether Brent can push through $99.20 as the market balances export recovery against shipping risk.