Middle East oil returns, does that mean that Iran has lost control of Hormuz?

AI Summary

Oil flows from the Middle East recovered to an average of 16 million barrels per day in September, their highest level since the US-Iran war began, according to tanker-tracking firm Kpler. The conflict had highlighted Iran’s capacity to disrupt global trade by blocking the Strait of Hormuz; flows remain below the roughly 19 million barrels per day exported before the war.

The US war with Iran exposed Tehran’s ability to disrupt the global economy by blocking the Strait of Hormuz. Before the war, around 19 million barrels of crude oil were exported daily from the Middle East. However, September data from tanker-tracking firm Kpler showed oil flows recovering to an average of 16 million barrels per day, the highest since the conflict began.