A key Middle East crude benchmark fell to its lowest in nearly three months, signaling export resilience despite escalating Iranian attacks on shipping. General Index data show the Oman crude premium to Dubai dropped to about $4/bbl this week, the lowest since late July; the spread had exceeded $60/bbl early in the disruption when the Strait of Hormuz was nearly closed. Major Gulf exporters have kept flows moving by routing more tankers through the strait or bypassing it via pipelines, blunting

A key Middle East crude benchmark fell to its lowest in nearly three months, signaling export resilience despite escalating Iranian attacks on shipping. General Index data show the Oman crude premium to Dubai dropped to about $4/bbl this week, the lowest since late July; the spread had exceeded $60/bbl early in the disruption when the Strait of Hormuz was nearly closed. Major Gulf exporters have kept flows moving by routing more tankers through the strait or bypassing it via pipelines, blunting Iran’s efforts to constrain global energy shipments.