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Story summary
- IEA Director Fatih Birol warned in London that oil markets will not normalize in 2027.
- The Wall Street Journal reports Middle-East oil exports now exceed pre-war levels.
- Goldman Sachs says shipping costs rose $3 to $20 per barrel, a $17 increase.
- Dallas Fed Energy Survey Q3 2026 shows most executives expect instability through late 2027.
- Only 11% anticipate normal exports in Q3 2027, 15% in Q4, 21% after 2028.