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Middle East oil exports fall 39% in August

Oil exports from the Middle East reportedly fell 39% in August, while Iranian exports are expected to remain near zero.

By DoomRadar · Published on DoomRadar .

Why it matters

A sharp regional export decline could tighten global oil supply and increase energy-market volatility.

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Middle East oil exports rebound in September but remain below pre-conflict levels

Middle Eastern crude exports were on track to recover in September, supported by Saudi shipments through the Strait of Hormuz and the restart of the East-West Pipeline after repairs. Kpler data still put regional exports about 3.2 million barrels per day below February levels.

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