Mideast oil exports exceeded pre-Iran war levels: Kpler data

Middle East oil exports, excluding Iran, the pre-war average of 18 million barrels per day last week, despite attacks in the Strait of Hormuz, according to data from the maritime tracking firm Kpler.

Crude oil exports reached pre-war levels in September, with at least 16.5 million barrels leaving the region excluding Iran, Kpler said on Wednesday.

"Forty percent now bypass Hormuz, and most crude crossing the strait changes tankers offshore," Kpler said, adding that most of the oil flowed through Saudi and United Arab Emirates pipelines.

These figures include flows via the Red Sea, a route increasingly used to bypass the blockade Iran is attempting to impose on Hormuz, where around a fifth of the world's petroleum supplies crossed before the war.

Iran still claims control over the strait, and ships without its authorization risk coming under attack, but more and more are making it out, and alternative routes meant to bypass the waterway are operating at full capacity.

Despite the rebound, experts stressed that the situation was far from normal, and Iran remains deprived of a large share of its own exports by a U.S. counterblockade of its ports.

Saudi Arabia is benefiting from the reactivation of its East–West pipeline, which links the kingdom's main oil fields in the east to its Yanbu terminal on the Red Sea, allowing it to bypass Hormuz.

Shut down on Sept. 11 after being hit by strikes launched from Iraq, the pipeline resumed operations on Sept. 22, Amena Bakr, an analyst at Kpler, said last week.

The United Arab Emirates is also able to bypass Hormuz thanks to its pipeline linking Abu Dhabi's fields to Fujairah, a terminal just outside the strait on the Gulf of Oman.