According to data released by Kpler on Wednesday, crude oil exports through the Strait of Hormuz had recovered to pre-war levels as of Monday this week, with a seven-day average of 13.5 million barrels per day, thanks to U.S. military escorts and pipeline diversions. However, fuel shipments remain restricted, averaging only 677,000 barrels per day over seven days, significantly below the pre-war level of 3.6 million barrels per day, leading to a global fuel crisis. JPMorgan Chase analysts noted that the crude oil market has largely normalized, but refined product supplies remain tight. U.S. Treasury Secretary Scott Bessent stated on Sunday that Iran would complete its final crude oil deliveries to China in approximately two weeks, after which it would have "nothing left to trade."