Middle East Oil Flows Reach 80% of Pre-War Levels

Shell CEO Wael Sawan announced on Tuesday that oil flows from the Middle East have rebounded to over 80% of pre-Iran war levels. Speaking at the Energy Intelligence Forum in London, Sawan highlighted the regional producers' ability to sustain supplies despite ongoing conflicts. He emphasized the resilience of these nations in fulfilling their global supply commitments.

According to Sawan, the Middle East's oil production has nearly reached 80-plus percent of what it was before the war. His remarks underscore the region's adaptability in maintaining critical energy flows amidst geopolitical challenges.