EnergyHighReportedAccelerating
8.4
Persian Gulf oil exports surge past pre-war levels; Hormuz traffic strains tanker capacity
RzeczpospolitaLO·US · IL · IR·about 22 hours ago
Weekly Middle East oil exports have exceeded the pre-conflict average of 18 million barrels per day for the first time since late February strikes, according to Kpler. Flows through the Red Sea are increasingly bypassing Iran's blockade of the Strait of Hormuz, which previously carried a fifth of global hydrocarbons. This suggests supply resilience despite ongoing conflict, though the sustainability of these flows remains uncertain.
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