"The ramp-up from the Mideast Gulf is a consequence of the pipeline outage, but it likely also signals a greater confidence in using the Strait of Hormuz given rising traffic." — Matt Smith, Kpler's director of commodity research, on Middle East crude exports rebounding to 12.8M bpd.
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Saudi Arabia resumes crude exports via Strait of Hormuz after pipeline repairs; Mideast oil shipments rebound to 12.8 million bpd in September | CuriousCats.ai
Saudi Arabia has resumed crude oil exports via the Strait of Hormuz following repairs to its East-West pipeline, boosting Middle East shipments to 12.8 million barrels per day in September, the highest since the onset of the US-Israeli war with Iran, according to Kpler data.