Crude oil shipments from the Middle East have shown signs of recovery despite continuing tensions around the Strait of Hormuz. Provisional data from ship-tracking company Kpler showed regional crude exports exceeded their pre-war average on four of the seven days during the final week of September.
Exports reached between 19.5 million and 22.5 million barrels per day (bpd) on September 24 and from September 27 to 29. Before the US-Israel war with Iran began, crude exports from the region averaged around 18 million bpd between March 2025 and February 2026.
How much oil is moving through the region?
Kpler’s figures show that total flows of crude, refined oil products, chemicals and non-gas liquids averaged 22.4 million bpd during the seven days ending September 30. The seven-day average for crude exports stood at 18.5 million bpd on October 1. The calculation includes shipments passing through the Strait of Hormuz and the Red Sea, exports from terminals and ship-to-ship transfers in the Gulf of Oman.
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