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Goldman and JP Morgan have said that oil volume from the Gulf Region is now increasing from the earlier lows caused by the Iran Conflict
Provisional assessment
Confidence not measured.
Attribution: Confirmed. Multiple excerpts attribute this to both firms. JPMorgan said Middle East crude flows rebounded to 98% of pre-war levels and Hormuz flows returned near late-June highs; Goldman said Persian Gulf exports recovered to 23.3 million b/d and other Gulf producers’ exports rose as Iranian exports fell. Earlier Goldman reporting also said shipments surged above the war-time bottom. This supports that Goldman Sachs and JPMorgan said Gulf-region oil volumes were increasing from earlier Iran-conflict lows.
Accuracy: True. The passages support that both JPMorgan and Goldman said Gulf/Middle East oil volumes had rebounded from earlier lows and were increasing toward near pre-war levels in the current period. JPMorgan said flows were flowing again and at 98% of pre-war levels; Goldman said Persian Gulf exports recovered to 23.3 million bpd and earlier had surged 5–6 million bpd above a March war low tied to the Iran war.