Middle East oil exports surpass pre-war levels despite tensions, data shows
Summary
Middle East oil exports have recently gone above the amounts seen before the US-Israel war with Iran started, according to ship-tracking data. Iran commented that only a smaller amount of oil is moving through key routes and claimed it had caused US warships to keep a greater distance from its coast after attacks near the Strait of Hormuz.Key Facts
- Middle East crude oil exports exceeded pre-war levels on four days in late September.
- Ship-tracking firm Kpler reported exports between 19.5 and 22.5 million barrels per day (bpd) on some days last week.
- Before the conflict began, exports averaged about 18 million bpd from March 2025 to February 2026.
- Iran’s Islamic Revolutionary Guard Corps said only 3 to 4 million bpd are currently moving through key routes, calling that amount small compared to before the war.
- Iran claimed attacks near the Strait of Hormuz forced US Navy ships to move farther away from Iranian coasts.
- The UK Maritime Trade Operations agency reported at least one attack daily in the Strait of Hormuz or Gulf of Aden since early October.
- Iran’s parliament speaker said the Strait of Hormuz will remain closed until the US accepts a plan to reopen it.
- Liquefied natural gas shipments through the Strait of Hormuz also hit their highest monthly level since February in September.
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