Serek Port Returns to Normal Conditions

The New York Times: 108 ships crossed the Strait of Hormuz in three days

UAE oil production reached the highest level in more than six years

Head of the Parliament’s Energy Commission: We will not have power outages in summer; in winter, there is a possibility of gas and power outages

A slight drop in oil prices after OPEC+’s decision; increased exports through the Strait of Hormuz eased concerns about a supply shortage

10 Japanese ships leaving the Strait of Hormuz; carrying about 12 million barrels of oil