EIA
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Also written as: U.S. Energy Information Administration
Involved in
- Crude oil exports through the Strait of Hormuz will remain low through the end of the year, and pre‑war levels won't return until the second quarter of 2027.
- The amount of ships traveling through the Strait of Hormuz will remain constrained through the end of 2026, leaving an average of 5.7 million barrels of oil per day shut in.
- Brent crude averaged $91 in August and is expected to hover around $90 through the end of the year, with a forecast average of $74 in 2027.
Statements attributed to it
- Crude oil exports through the Strait of Hormuz will remain low through the end of the year, and pre‑war levels won't return until the second quarter of 2027.
independent
- The amount of ships traveling through the Strait of Hormuz will remain constrained through the end of 2026, leaving an average of 5.7 million barrels of oil per day shut in.
independent
- Brent crude averaged $91 in August and is expected to hover around $90 through the end of the year, with a forecast average of $74 in 2027.
independent
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Origin: first recognised while reading Iran War Updates: Oil tops $100 per barrel as U.S. fighter jets damaged in Iranian strikes on Jordan · 2026-09-11 07:43