Oil supplies from Middle Eastern countries have almost recovered, reaching 98% of the volumes supplied by the US and Israel before the start of hostilities against Iran. This is reported by the Bloomberg agency, citing the data of the American bank JP Morgan. According to these data, daily oil shipments reached 17.5 million barrels. At the same time, the volume of oil product supply from the region is 3 million barrels per day, which is 58% of the pre-war indicator. "Middle Eastern countries are supplying oil again. This is an amazing recovery for a region where war is still going on," the agency quoted one of the bank's experts as saying. Specialists of JP Morgan specifically noted that oil supplies through the Strait of Hormuz have almost returned to the figure of around 13 million barrels per day, which corresponds to the level of the end of June. Earlier, the agency reported that Saudi Arabia has resumed exports through the "East-West" oil pipeline, which was previously attacked by Yemen's "Ansar Allah" (Houthis) rebel movement. It was stated that the restarting of the oil pipeline will give the country access to an alternative export route, bypassing the Strait of Hormuz. The USA and Israel started a war against Iran on February 28. In June, Washington and Tehran signed a memorandum of understanding, which stipulated an immediate cessation of hostilities on all fronts (including Lebanon). However, on the night of July 8, the USA resumed large-scale strikes against Iran, accusing it of violating the terms of the agreements reached regarding the Strait of Hormuz. Before the beginning of the conflict, about 25% of the world's oil trade and about 20% of liquefied natural gas were transported through this strait.