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Stuart Livingstone-Wallace
Bloomberg News (executive editor, Middle East, North Africa and Russia)
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Stuart Livingstone-Wallace (Bloomberg News) tells Bloomberg's Horizons Middle East that covert Hormuz shuttles, Fujairah/Red Sea diversions and China's reduced buying are holding Brent near $88, still well above normal but far below early-war $150-200 calls.
$88 is still significantly higher than where they would be in normal circumstances, because there is, at least on paper, a potential supply.
WTI crude since this was said: ▲ +9.5% · 84.50 → 92.54 · as of 2026-09-08
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