Middle East oil exports top pre-war levels in September, but tanker attacks increase
Kpler said exporters rerouted oil through pipelines and the Red Sea, while at least seven tanker attacks in the strait raised shipping risks.
- Middle East crude exports exceeded pre-war levels in four of the seven days of late September, reaching between 19.5 million and 22.5 million barrels per day despite attacks on vessels in the Strait of Hormuz.
- Before the US-Israeli war with Iran began on February 28, exports averaged 18 million barrels per day between March 2025 and February, establishing the baseline for measuring current performance.
- Shipping intelligence firm Marisks reported at least seven incidents on Saturday, including an October 1 strike on the Kuwaiti Very Large Crude Carrier Kazimah III that caused a fire; all crew members were evacuated safely.
- Current intelligence suggests vessels face a "heightened and increasingly unpredictable kinetic threat" as Iranian forces possibly launch missiles into a predetermined engagement area, or "kill box," rather than targeting individual ships.
- Beyond crude, the overall tally for oil products, chemicals and non-gas liquids averaged 22.4 million barrels per day through September 30, while liquefied natural gas cargoes reached their highest monthly level since February.
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150 Articles
Iran Just Got Hit with a New Problem: Tehran Has Lost Control of the Strait of Hormuz as Oil Exports Are at Pre-War Levels
Gulf oil exports climbed back to roughly four-fifths of prewar levels in September as Saudi pipelines, UAE terminals and secretive ship-to-ship transfers worked around Iran's attacks. Iran's own exports are at zero under the US blockade, and Saudi Aramco is weighing a discount to keep its crude moving.
Global Market: Gulf oil flows rebound to 81% of pre-war levels in September
Gulf oil flows excluding Iran recovered to 81% of pre-war levels in September, supported by a sharp rebound in Saudi Arabian exports. Crude and condensate shipments reached 91% of pre-war levels, while refined fuel exports remained weaker. Volatile daily flows, however, raise questions over the sustainability of the recovery.
Exports of crude oil in the region recover pre-war levels
Strait of Hormuz Oil Exports Reach Prewar Levels
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