GeopoliticsMedium•30 September 2026•
1 min read
Middle East Oil Flows Recover Amid US-Iran Diplomatic Stalemate
Key Facts
1JPMorgan and Goldman Sachs estimates show Middle East crude oil flows returning toward pre-war levels.
2Diplomatic stalemate between the US and Iran continues with Hormuz and nuclear weapons as primary sticking points.
JPMorgan and Goldman Sachs estimates show Middle East crude oil flows returning toward pre-war levels. This recovery comes as a diplomatic stalemate between the United States and Iran continues, with the Strait of Hormuz and nuclear weapons remaining primary sticking points.
Mediation efforts by Qatar have failed to bridge the gap on nuclear weapons and maritime security, though physical oil markets are showing resilience to shipping risks. In equity markets, JPM was trading at $332.7515 on September 30, 2026, while GS closed at $916.24 on September 29, 2026.