Middle East Crude Oil Exports Recover to 80% Pre-Conflict Levels

Crude oil exports from major Middle Eastern countries have rebounded significantly in September, reaching nearly 16.33 million barrels per day, according to a report by ship-tracking firm Kpler.

This figure represents about 80 percent of pre-conflict levels, which were recorded in February before the conflict in Iran erupted.

Saudi Arabia has shifted its crude oil exports to the Strait of Hormuz after Yemen's Houthi group attacked the port of Yanbu on the Red Sea this month and damaged the East-West Pipeline.