Persian Gulf Oil Shipments Rebound to 72% Pre-War Levels
The Persian Gulf oil shipments have rebounded towards pre-war levels as US-protected tankers resume voyages through the Strait of Hormuz. According to maritime analysts and US officials, crude exports averaged about 13 million barrels per day in September, roughly 72% of the level recorded before the war.
The increase comes as the US military provides protection for vessels moving through the strategic waterway and as confirmed attacks on shipping have declined.
Energy Secretary Chris Wright said that oil shipments even briefly exceeded pre-war levels last week. The broader recovery in Gulf oil exports is also being supported by routes that bypass the Strait, including ship-to-ship transfers in the Gulf of Oman and the UAE's pipeline to Fujairah.