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Middle East Oil Exports Rebound to 12.8 Million Bpd
Crude Oil Prices Today | OilPrice.com • • general
Key Points:
- Crude oil exports from the Middle East have increased to 12.8 million barrels per day this month, driven mainly by Saudi Arabia redirecting shipments eastward via the Gulf of Oman.
- Saudi Arabia is exporting crude at 5.4 million barrels daily, with 3.6 million barrels flowing from Ras Tanura port, maintaining levels consistent with its 2025 daily average.
- The export increase is partly due to a pipeline outage and growing confidence in using the Strait of Hormuz despite ongoing security concerns and reduced tanker traffic.
- Tanker movements in the Strait of Hormuz have decreased significantly, with some vessels operating in "dark mode" to avoid detection amid rising tensions and recent missile attacks reported in the area.
- Analysts anticipate more frequent strikes in the Strait of Hormuz following the U.S. rejection of Iran’s peace proposal, escalating regional risks to oil transportation.
