Persian Gulf oil exports have recovered to 98% of pre-war levels, with Goldman Sachs estimating average shipments of 23.3 million barrels a day as Saudi Arabia and the United Arab Emirates increased exports and producers used routes bypassing the Strait of Hormuz or U.S. military escorts. Brent rose 4.7% to $102 a barrel on Thursday, while another global crude-futures benchmark reached $102.31 and Brent was separately reported at $104; spot-market oil cost $120. Higher flows have not yet eased broader pressures: U.S. gasoline remained above $4.41 a gallon, the 10-year Treasury yield reached a 24-year high, and Middle Eastern diesel and gasoline exports were only 58% of pre-war levels. Goldman Sachs expects Brent to moderate to $85 by year-end and $80 in 2027, but analysts warned that depleted strategic reserves, tanker costs, replenishment demand and possible attacks on regional infrastructure could keep prices elevated. Britain faces winter gas and electricity bills of about £2,000, while Andy Burnham warned of an energy crisis.