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Oil Is Flowing From the Persian Gulf, but Prices Remain High. Why?

Oil Is Flowing From the Persian Gulf, but Prices Remain High. Why?
NYT Business Thursday 01 October 2026, 09:06 UTC By Rebecca F. Elliott 1 min read
Key Points

Governments and companies the world over have been draining their oil storage tanks over the past seven months to keep a lid on prices.

Governments and companies the world over have been draining their oil storage tanks over the past seven months to keep a lid on prices.
the Persian Gulf (LOCATION)
Originally published by NYT Business Read original →

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