Oil is now flowing out of the Persian Gulf like before the Iran war. Why prices may still not come down anytime soon.

What happened: Oil flows out of the Persian Gulf in October nearly returned to levels seen before the start of the Iran war, though traders remain wary about a fragile recovery. Why it matters: Traders are still cautious despite the near recovery in flows, and the content indicates prices may not come down anytime soon. Key numbers: October flows nearly returned to pre Iran war levels. Coverage: 4 outlets in 24h

Oil flows out of the Persian Gulf in October nearly returned to levels seen before the start of the Iran war, though traders remain wary about a fragile recovery.

Traders are still cautious despite the near recovery in flows, and the content indicates prices may not come down anytime soon. Key numbers: October flows nearly returned to pre Iran war levels.