Gulf crude oil returns, but diesel remains scarce! Goldman Sachs reveals why the "war premium" persists, as global assets continue to face an inflation test.

Zhito Finance APP has learned that Gulf oil exports are approaching normal levels, yet crude spot price benchmarks are still paying a "war premium." The latest estimates from Wall Street financial giant Goldman Sachs show that exports have recovered to 22-23 million barrels per day, but restocking demand, refined product shortages, and the risk of renewed supply disruptions are supporting Dated Brent in rapidly approaching a spot benchmark price of $120 recently. Meanwhile, long-term U.S. Treasury yields have surged to a more than two-decade high, as the energy shock is transmitting to global financing costs.