According to CoinMeta, and based on Goldman Sachs' analysis, oil and gas exports through the Strait of Hormuz have significantly rebounded, alleviating supply pressures. Although shipping risks and the US-Iran conflict keep the market cautious, oil and gas transportation volumes have returned to about two-thirds of pre-war levels, providing some relief to the global energy market. Goldman Sachs estimates that exports of crude oil and petroleum products from the Gulf region have risen to around 15 to 16 million barrels per day, although they are still below the levels before the US-Iran conflict. As oil and gas transportation volumes through the Strait of Hormuz have increased from 5 to 6 million barrels per day in March to the current 8 to 10 million barrels per day, concerns about supply shortages have eased.