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Iranian oil flows through Strait of Hormuz even as Gulf neighbors' exports shut
Iran exported about 11.7 million barrels of crude oil through the Strait of Hormuz since Feb. 28, mostly to China, despite strikes and mine threats disrupting other Gulf exports.
- On March 11, 2026, Reuters reported Iran continued to move crude through the Strait of Hormuz at a near-normal pace while other Gulf oil-producing countries saw shipping traffic slow to a trickle.
- Since Feb. 28, Iran's retaliation included attacks on ten vessels near the Strait, killing at least seven seafarers, and laying mines while U.S. forces destroyed 16 mine-laying ships.
- Kpler data showed Iranian exports reached about 16.5 million barrels in early March, while TankerTrackers.com estimated 13.7 million barrels since February 28, with 11.7 million barrels passing the Strait of Hormuz to China, Samir Madani said.
- Markets later showed prices easing to around $84.9 for U.S. WTI and $88.9 for Brent as flows and signals shifted, following a surge after Gulf cuts and Hormuz disruptions.
- Iran has resumed loading at Jask, and Nhway Khin Soe of Kpler said, 'Given that China has been the primary buyer of Iranian crude in recent years, a significant share of these barrels could ultimately head there.
45 Articles
45 Articles
The bulk of Iranian oil exports go to China, while independent Chinese refiners take advantage of deep discounts on Iranian crude.
Without being able to transport their barrels due to the blockade of the Strait of Ormuz, the Gulf countries had to reduce their production, and Tehran had not stopped selling black gold to China.
Iran's threats against other countries if they enter the Strait of Hormuz have choked traffic in the vital waterway. But Iranian tankers continue to pass through the strait loaded with oil, as usual. The destination is most likely China. Iran says it has allowed ships from "some countries" to pass through the Strait of Hormuz.
Mojtaba Khamenei orders the blockade to continue. Since the beginning of the war the oil trade in the Strait has collapsed. But not for Beijing that in the meantime...
Iran has exported approximately 13.7 million barrels of crude oil since Israel and the United States launched attacks against the country on February 28.
Iran oil exports climb to pre-war highs despite Hormuz closure
Iran has increased its oil exports since the start of the war, even as it blocks the Strait of Hormuz to Arab producers in response to the US-Israeli war. Seven tankers have carried Iranian oil out of the region since the US and Israel began bombing the country on 28 February, according to data from market intelligence platform Kpler cited by The Wall Street Journal. Vessels loaded an average of 2.1 million barrels of oil per day between 5-10 Ma…
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