Middle East crude exports topped pre-war levels on four days in late September, Kpler data showed, even as at least seven tanker attacks were reported around the Strait of Hormuz.
Crude oil exports from the Middle East rose above pre-war levels in four of the seven days of the final week of September, shipping data showed on Monday, despite continuing attacks on vessels passing through the Strait of Hormuz.
According to Reuters, crude exports from the region exceeded pre-war levels on September 24 and between September 27 and 29, rising to between 19.5 million barrels per day and 22.5 million bpd, provisional data from ship-tracking firm Kpler showed. Exports had averaged 18 million bpd between March 2025 and February this year, before the US-Israeli war with Iran began.
The seven-day moving average for crude exports stood at 18.5 million bpd on October 1. The figures include transits via the Strait of Hormuz and the Red Sea, exports from terminals and ship-to-ship transfers in the Gulf of Oman. The overall tally for crude, oil products, chemicals and non-gas liquids averaged 22.4 million bpd in the seven days to September 30.
<h2>Tanker attacks continue</h2> The number of liquefied natural gas cargoes exiting the Strait of Hormuz also rose in September to its highest monthly level since February, the data showed.
However, attacks on tankers continued in and around the Strait of Hormuz, with at least seven incidents reported, shipping intelligence firm Marisks said in a report on Saturday. The very large crude carrier Kazimah III was reportedly struck on October 1 by an unknown projectile while operating in the strait, causing a fire onboard the tanker.
Before the Iran war started on February 28, the strait typically handled about 125 large commercial vessels per day, including tankers, gas carriers, bulkers and container vessels, accounting for some 20 per cent of the world’s daily crude oil and LNG supply.
The figures exclude any vessels that might have crossed the strait with their Automatic Identification System transponders turned off to avoid detection, meaning actual flows could differ from the tracked data.
The data release coincided with Saudi Aramco’s unexpected decision to cut its November official selling prices for Asian buyers to the widest discount since June 2020, a move analysts linked to record freight rates and efforts to protect market share after the regional conflict disrupted exports.
Yemen's President Rashad al-Alimi announced the start of major military operations to retake Houthi-held territory, as the truce that held since 2022 collapses amid the wider regional confrontation.
By: hammadkhaksar
Turkish, Saudi and Pakistani ministers gather in Riyadh on Monday for the Mecca defence pact's strategic committee session, with Yemen and wider regional tensions on the agenda.
By: hammadkhaksar
Nairobi: Seventeen people were killed and several others injured in a multi-vehicle collision in Kenya on Saturday, the country's National Transport and Safety Authority said. The crash happened in the Salama area, about 90 kilometres southeast of Nairobi, on the road linking the capital with the coastal city of Mombasa. A security source said the [...]
By: hammadkhaksarStay updated with the latest news, breaking developments, and insightful coverage from Azad Kashmir and Pakistan.
Follow on Facebook
