Middle East Oil Exports Rise as LNG Traffic Through Hormuz Picks Up
- Middle East crude oil exports reached 13 million barrels per day in September, the highest level since February, as United States and allied efforts to circumvent Iran's control over the Strait show success.
- The U.S. Navy and regional allies have "become better at fending off or evading" attacks, allowing more tankers to transit the Strait, according to a Wall Street Journal analysis published Tuesday.
- Saudi Arabia increased exports to around 5.4 million barrels a day in September, while total regional shipments reached nearly 80% of prewar levels last week, according to research firm Kpler.
- Despite rising exports, The Wall Street Journal warned Iran's loss of de facto control over the Strait could increase the risk of military escalation as the country faces potential fuel shortages.
- President Donald Trump rejected an Iranian proposal on Saturday to reopen the Strait, while indirect mediation talks involving Qatar and Iranian Foreign Minister Abbas Araghchi continued without a breakthrough on Monday.
36 Articles
36 Articles
Surge in Middle East Oil Exports Amid Decline of Iran's Influence
Recently, crude oil exports from the Middle East have surged to their highest levels since the U.S.-Iran conflict escalated in February. This rebound reflects a shifting dynamic in the region.
Middle East Exports Rebound As Iran's Chokehold On Strait Of Hormuz Falters
Middle East crude oil exports rose this month to their highest monthly level since the conflict since the U.S.-Iran conflict began on February 28. Preliminary tracking data from Kpler put regional shipments at 16.3 million barrels per day. That figure remained about 3.2 million barrels per day below the 19.5 million barrels per day recorded […]
Trump is proving that Iran CAN’T control the global oil supply — a win for the world
Oil shipments from the Gulf are now approaching prewar levels, ending the energy blackmail — even as Tehran’s resources dwindle, pushing the regime ever closer to having to abandon its nuclear ambitions.
Iran's stranglehold on the Strait of Hormuz continues to erode — and crude oil exports are rebounding
Crude oil exports in the Middle East rebounded in September as the Iranian regime continued to lose its control over the Strait of Hormuz.Nineteen very large crude oil carriers carrying about 38 million barrels exited the strait just last week, according to data from a Kpler report on Monday.'You are preventing them from getting access to money that they will use to try and kill Americans and others around the world and their own people.'The rep…
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