Iran War Updates: Battle for control of Red Sea, attacks on energy infrastructure temper news of rising oil flow

Middle East oil exports, excluding those from Iran, surpassed their pre-war levels last week, despite attacks on ships in the Strait of Hormuz, according to data from maritime tracking company Kpler. For the first time since the United States and Israel launched their offensive against Iran in late February, the weekly average of shipments rose for several days above the pre-conflict average of 18 million barrels per day. Crude oil exports reached pre-war levels in September, at least 16.5 million. barrels leave the region excluding Iran, Kpler said. “40 percent now bypasses Hormuz, and most of the crude crossing the strait changes offshore tankers,” Kpler said, adding that most of the oil flowed through pipelines from Saudi Arabia and the United Arab Emirates. strait, and unauthorized ships are at risk of attack, but more and more are making it out, and alternative routes meant to avoid the waterway are operating at full capacity. Despite the rebound, experts stressed that the situation is far from normal, and Iran is still deprived of a large portion of its own exports due to the US counterblockade of Iranian ports.