#HormuzSupplyWatch

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About HormuzSupplyWatch

Hormuz risks are rising. Maritime agencies counted at least 12 incidents involving oil and gas ships from Sep 28 to Oct 5, while the IMO logged nine. Yet Gulf oil exports have recovered to 21.8m bpd, near the 23.3m prewar level. The IEA plans to speed up a reserve release of about 100m barrels. Alternative routes and stocks may cushion supply, but a pullback by shipowners could push oil prices and inflation higher.