Oil and Gas

Gulf oil flows rise to average 81% of pre-war rate in September, data shows

Oct, 06, 2026 Posted by Gabriel Malheiros

Week 202641

Gulf oil ​flows excluding Iran surged to over 81% of pre-war levels in September, data showed, led by ‌a recovery in Saudi exports despite attacks on the kingdom’s oil infrastructure and escalating Iranian attacks on regional shipping, while Iranian exports fell to zero due to a US blockade.

The blockade has all but choked off Iranian exports, while other Gulf producers have adapted ​to attacks on energy infrastructure and shipping by relying on so-called dark transits — switching off tankers’ tracking ​systems to evade detection — to protect the oil flows that underpin their economies.

Flows of crude, ⁠condensate and refined fuels including LPG averaged 19.2 million barrels per day (bpd) from Saudi Arabia, Kuwait, Qatar, Oman, ​Bahrain, Iraq and the UAE, Vortexa data showed, compared with an average of about 23.6 million bpd in the year ​that preceded the outbreak of the Iran war on February 28.

CRUDE EXPORTS POST LARGER RECOVERY, PRODUCTS LAG

The decline in fuel exports has exacerbated global shortages of diesel and jet fuel, contributing to record or near-record prices in several ‌markets. ⁠The Middle East is a key supplier of such fuels, making regional disruptions particularly significant for global consumers.

Drone attacks forced Saudi Arabia to shut its East-West Pipeline last month, temporarily halting crude loadings at the kingdom’s Yanbu oil port on ​the Red Sea.

Saudi Arabia’s rebound more than offset declines elsewhere in the Gulf, accounting ​for all ⁠of the region’s net export growth and more, as exports recovered from disruptions that had depressed flows in previous months.

The ​rebound came even as Iranian exports fell to zero and exports from Kuwait and Qatar declined. Higher Saudi shipments more than offset those ​losses, while exports from the UAE and Iraq also increased.

Source: Reuters

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