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Lost Gulf oil exports far smaller than thought, traders and shippers say

LONDON, June 12 : Since the start of the Iran war and Tehran's announcement that the Strait of Hormuz was "closed", the market has grappled to put a figure on lost crude supply and to predict the price of oil.Initial calculations were simple: add up all non-Iranian Gulf crude oil exports, some 12 million to 1

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channelnewsasia.comStai leggendo2 mesi fa

Lost Gulf oil exports far smaller than thought, traders and shippers say

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economictimes.indiatimes.com2 mesi fa

Hormuz oil traffic rebounds as Gulf exporters find workarounds: Report

Persian Gulf oil exports surged 50% in June to 1.8M bpd as producers shift to dark transits, bypassing Iran's blockade. Oil price decline of a third reflects trader confidence that supply chains will adapt through operational workarounds despite US-Iran tension.

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venerdì 12 giugno 2026·economictimes.indiatimes.com
Hormuz oil traffic rebounds as Gulf exporters find workarounds: Report
Oil shipments through the Strait of Hormuz are increasing for non-Iranian producers. This surge occurs despite ongoing tensions between Washington and Tehran. Iranian oil exports…
venerdì 12 giugno 2026·channelnewsasia.com
Lost Gulf oil exports far smaller than thought, traders and shippers say
LONDON, June 12 : Since the start of the Iran war and Tehran's announcement that the Strait of Hormuz was "closed", the market has grappled to put a figure on lost crude supply…