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Middle East oil exports top pre-war levels in September, but tanker attacks increase

Alternative routes and ship-to-ship transfers lifted exports back to prewar levels, even as UK Maritime Trade Operations counted nine attacks this month.

  • On Thursday, October 8, 2026, oil prices climbed as mounting threats to Gulf shipping disrupted energy supplies, with Brent crude futures rising sharply amid record tanker attacks.
  • Record tanker attacks in the Strait of Hormuz forced producers to adopt costly workarounds, with 10 vessels struck between September 28 and October 4 according to Kpler, while traffic dropped to just seven tankers on Tuesday.
  • Shell and Chevron curtailed regional production and evacuated nonessential staff on October 8, while the International Energy Agency pledged to accelerate releases from its 1.1 billion barrels in emergency stocks.
  • War-risk premiums for tankers have tripled, increasing delivered fuel costs, as Saudi Aramco CEO Amin Nasser warned that the supply resilience cushion is "scarily thin" amid limited alternatives.
  • Markets remain exposed to significant risks as no alternative routes effectively bypass the Strait of Hormuz; Xuyi Zhao of Guotai Junan Futures noted the market is pricing delivery reliability amid inefficient workarounds.
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1prime.ru broke the news on Monday, September 28, 2026.
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