Persian Gulf oil exports surged to wartime high before latest slowdown
Source: Baird MaritimePublished: July 20, 20260 views
Persian Gulf countries increased crude oil and condensate exports to wartime highs in early July. Saudi Arabia, Iran, and Iraq led the export surge, while UAE exports decreased from record levels. The flow through the Strait of Hormuz is slowing as a recent interim deal between the US and Iran unraveled.
oil exportsPersian GulfStrait of Hormuz