Can Gulf countries export oil before storage runs out?

波斯湾国家在储存耗尽之前能出口石油吗?

World Business Report

2026-03-06

8 分钟
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单集简介 ...

As global oil prices continue to climb, crude oil supplies from Iraq and Kuwait could stop shipping within days if travel through the Strait of Hormuz remains virtually halted. Plus, China cuts its economic growth forecast to the lowest level since 1991.
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单集文稿 ...

  • This BBC podcast is supported by ads outside the UK.

  • Does Benjamin Netanyahu have everything to gain from the war with Iran and Donald Trump a lot more to lose?

  • With elections in both the US and Israel this year, how risky is the decision to go to war?

  • This is the Global Story podcast and we've been speaking to the BBC's international editor Jeremy Bowen about whether Netanyahu and Trump's visions for Iran align.

  • Listen to the Global Story on BBC.com or wherever you get your podcasts.

  • It's a race against time for Middle Eastern oil exports as the price ticks up and up.

  • It's World Business Express from the BBC World Service.

  • I'm Leanna Byrne.

  • We'll have the latest moves on the financial markets and China cuts its economic growth forecast to its lowest level

  • since 1991.

  • It's day six of the war which started inside Iran with no signs of it ending.

  • After a brief reprieve yesterday, oil prices have ticked up again.

  • Emma Wallace, chief investment strategist at Hargreeves Lansdown.

  • Emma, where's the price of oil at now?

  • It's around $84 a barrel if you're looking at Brent crude,

  • which is the kind of international recognized measure of oil prices.

  • It's a significant increase from where we ended 2025, which is around $58 a barrel.

  • But I think we should be mindful of actually the recent context.

  • $84 a barrel is a significant increase in the last couple of months,

  • but it only puts us around oil prices in 2024.