Oil Is Flowing From the Persian Gulf, but Prices Remain High. Why?.
Crude oil costs close to $100 a barrel because traders are worried hostilities could soon restart and the world is burning through its emergency stockpiles.
Business
October 1, 2026
09:45 AM
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Oil Is Flowing From the Persian Gulf, but Prices Remain High. Why?
Reporting on Oil Is Flowing From the Persian Gulf, but Prices Remain High. Why? via The New York Times.
Primary Source: Crude oil costs close to $100 a barrel because traders are worried hostilities could soon restart and the world is burning through its emergency stockpiles.
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