Wall Street sees Mideast oil flows near pre-war levels

Wall Street: Wall Street is a shorthand for the U.S. financial industry, including investment banks, asset managers, traders, and analysts whose views influence markets. In this news, Wall Street analysts at JPMorgan and Goldman Sachs assess that Middle Eastern crude flows are approaching levels seen before the conflict, while shipping risks remain. Oil supply: JPMorgan analysts said Middle Eastern crude shipments had recovered close to pre-war levels, while refined-product flows remained more constrained. Market impact: Signs of recovering Middle Eastern exports have eased concerns about a prolonged supply shortage and contributed to weaker oil-market pressure. Shipping risk: Oil movements have improved partly through alternative routes and continued tanker traffic, but risks around the Strait of Hormuz still affect energy-market expectations.