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Kpler
@Kpler
Intelligence tools for trade
Joined December 2015
636 Following    41K Followers
Gulf crude exports recover Seven months after the Strait of Hormuz closed, Middle East Gulf crude exports excluding Iran have returned to pre-war levels, reaching at least 16.5 mbd in September. The recovery has reshaped regional #oil# logistics. Around 40% of crude now leaves without crossing Hormuz, up from 17% before the war, as Saudi Arabia and the UAE make greater use of pipeline routes. Of the #crude# that crossed Hormuz in August, more than 70% changed tankers offshore. The volumes have recovered, but through a fundamentally different export system. Stay ahead of the market with #Kpler# Insight:
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