Gulf Oil Exports Rise Above Pre-War Levels Despite Attacks in Strait of Hormuz

Oil exports from the Persian Gulf have reportedly exceeded pre-war levels despite continued attacks on vessels travelling through the Strait of Hormuz, one of the world’s most important routes for global energy supplies.

According to a report by The Wall Street Journal on Wednesday, October 21, 2026, data from ship-tracking firm Kpler showed that total oil flows from the region averaged more than 24 million barrels per day in the week ending October 18. This was higher than the 23.3 million barrels per day recorded before the US-Israeli war against Iran began.

However, oil shipments passing through the Strait of Hormuz, including crude transferred between tankers in the Gulf of Oman, averaged about 14 million barrels daily. This represents roughly 82 per cent of the volume recorded before the conflict.

Several measures have helped maintain exports despite the security challenges. These include US military protection for commercial vessels, the transfer of oil between tankers at sea and the use of alternative export pipelines through Saudi Arabia and the United Arab Emirates.

Kpler’s figures also indicated that Gulf oil producers have increasingly turned to routes that bypass the Strait of Hormuz. In September, approximately 40 per cent of non-Iranian crude oil exports from the region avoided the strategic waterway, compared with 17 per cent before the war.

Despite the increase in shipments, security concerns remain significant. Around 30 maritime incidents were reported this month, underlining the risks facing vessels operating in and around the narrow passage.

Nevertheless, financial incentives continue to encourage oil companies and traders to maintain shipments despite the dangers. Kpler analyst Homayoun Falakshahi told the newspaper that the potential financial returns were helping sustain commercial activity.

The figures suggest that Gulf oil producers have adjusted their transportation arrangements to keep supplies moving to international markets despite the conflict. However, further attacks could still disrupt shipments, raise shipping costs and create additional uncertainty for global energy markets.

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