24 Million Barrels a Day: Gulf Oil Flows Surge Past Prewar Levels Despite US-Iran War
7 Articles
7 Articles
Despite the ongoing war in Iran and the attacks in the Strait of Hormuz, Kpler data showed that oil exports from the Persian Gulf have returned to their pre-Iranian war levels, and even exceeded them in the past week.
Iran attacks vessels in the Persian Gulf - but oil continues to flow | Alternative routes and American protection allow oil exports to continue | Iran failed in the fight for the Strait of Hormuz (in the world)
A fleet of American-flagged tankers and pipelines bypassing the Strait of Hormuz have boosted exports to more than 24 million barrels a day. Iranian attacks continue, and high transportation and insurance costs weigh on oil prices The Hormuz Post: How Middle East oil exports have surpassed pre-war levels appeared first on JDN.
Oil exports from the Persian Gulf exceed 24 million barrels a day despite attacks in Ormuz. High profits and alternative routes keep the energy business going.
Gulf exports have surpassed pre-war levels, now that an improvised transportation system under US protection is helping tankers navigate through a wave of angry Iranian attacks in the Strait of Hormuz.
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