The blockade is working

18 Oct 2026 Leave a comment

by Jim Rose in defence economics, energy economics, international economics, resource economics, war and peace Tags: ,

Erick Erickson writes: Crude exports from the Persian Gulf are back at pre-war levels. J.P. Morgan puts the 10-day average at 17.5 million barrels a day, which is 98 percent of where it stood before the war. Goldman Sachs estimates the region exported 19 million barrels a day over the past week. Brent has come…

The blockade is working

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