BiggerPockets Money Podcast · Friday, October 30, 2026
Jay Scott discusses recent reporting from the Wall Street Journal, noting that oil coming out of the Persian Gulf and through the Strait of Hormuz has reached or exceeded pre-war levels, reaching about 80% through the Strait of Hormuz and over 100% through the Persian Gulf.
“And I think the Wall Street Journal reported just this week that the amount of oil coming out of the Persian Gulf out of the Middle East this past week is actually more than it was before the war started.”
“Wall Street Journal is my source here, and they reported this week that about 80% of where we were before the war started through the Strait of Hormuz and over 100% of where we were through the Persian Gulf in totality.”