Middle East crude oil exports rose in September to their highest monthly level since the Iran war began seven months ago. Preliminary data from Kpler put regional exports at 16.3 million barrels a day. That was still around 3.2 million barrels a day below the 19.5 million recorded in February. Saudi Arabia accounted for much of the increase, more than doubling its exports from 2.45 million barrels a day in August to around 5.4 million in September. Flows through the Strait of Hormuz were projected to reach about 9.7 million barrels a day as Saudi Arabia sent additional crude from its Gulf terminals after attacks damaged its East-West pipeline to the Red Sea. The regional total also includes oil shipped from ports outside the strait.
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