News & Macromedium confidence
Goldman Says Gulf Oil Exports at 2/3 of Pre-War Level
www.rigzone.com · August 28, 2026 · Week 2026-35
Summary
According to Goldman Sachs, Persian Gulf oil exports have recovered to approximately two-thirds of their levels before a major, unspecified war. This suggests a significant, ongoing disruption to global energy supplies from the world's most critical producing region, with market fundamentals still impacted by the conflict's aftermath.
Strategic Implication
The incomplete recovery of Gulf exports signals sustained tightness in the global oil market, likely keeping prices elevated and putting pressure on non-Gulf producers to fill the supply gap.