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Persian Gulf Oil Exports Hold Above 24 Million Bpd

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Story summary
  • Attacks have not stopped Persian Gulf oil exports, now over 24 million barrels daily.
  • 14 million barrels per day move through the Strait of Hormuz and Gulf of Oman, 82 % of pre-war flow.
  • October was the Strait’s most violent month since March, with at least 30 ships attacked.
  • Iran’s Revolutionary Guard Corps said two tankers were hit by naval mines in the Strait.
  • Analysts warn the flow is unsustainable if U.S.–Iran fighting resumes.