Reuters: Record Middle Eastern oil exports
Middle Eastern oil exports rose in September to 12.8 million barrels per day, the highest level since the start of the US-Israeli war on Iran in February, driven by increased exports from Saudi Arabia and the UAE. This rise coincides with the recovery of shipments through the Strait of Hormuz after damage to the East-West pipeline, as Saudi Arabia redirected part of its exports from the port of Yanbu. Nonetheless, regional supplies remain about 6 million barrels per day below February levels, with Saudi Arabia expected to ship around 5.4 million barrels daily in September, up from 2.446 million barrels in August, amid continued flexible restrictions following attacks on pipeline infrastructure.
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