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Persian Gulf oil exports reportedly topped 14 million barrels a day

An October 4 post says crude exports were around 80% of pre-war levels, after rising more than 210% from March lows.

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3 Sources, 3h ago, first seen 3h ago

TLDR

An October 4 post said Persian Gulf oil exports topped 14 million barrels a day the previous week for the first time since the Iran war began. It put the rise from March lows at more than 210% and said crude exports had recovered to around 80% of pre-war levels. Another poster said shipments through the Strait of Hormuz were nearing pre-war levels and argued that keeping the Strait open mattered more to markets than ending the war.

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48.9K

3 Sources, first seen 3h ago

1.8K likes163 comments49 saves406 reposts

Combined views

48.9K

3 Sources, first seen 3h ago

1.8K likes163 comments49 saves406 reposts

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Sentiment

Positive——Negative

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3 Sources

@David_KudlaOil shipments through the Strait of Hormuz have rebounded sharply. Now nearing pre-war levels. Iran on the other hand has had its shipments cutoff. Oil moving again, and more leverage with Iran. Both bullish for the stock market. The markets need the Strait open and the Iran war brought to an end. Actually, though, the former is far more important than the latter. @KobeissiLetter3h
@bennyjohnsonOil flows through the Strait of Hormuz are now near pre-war levels. Exports out of the Persian Gulf topped 14 MILLION barrels per day last week for the first time since the Iran war began — up more than 210% from lows in March. Crude exports have now recovered to around 80% of pre-war levels as the U.S. military reopens and secures shipping through the Strait of Hormuz. This is exactly what we need for gas prices to drop.2h
@mattforneyIran is entering the final stages of the Gaza pivot, as I predicted months ago. The delusional gloating of "Strait's still closed" has given way to "HALP HALP TRUMP IS GENOCIDING US." Watch for them to beg the ICC to issue a warrant against Trump or something.2h
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    3 Sources

    @David_KudlaOil shipments through the Strait of Hormuz have rebounded sharply. Now nearing pre-war levels. Iran on the other hand has had its shipments cutoff. Oil moving again, and more leverage with Iran. Both bullish for the stock market. The markets need the Strait open and the Iran war brought to an end. Actually, though, the former is far more important than the latter. @KobeissiLetter3h
    @bennyjohnsonOil flows through the Strait of Hormuz are now near pre-war levels. Exports out of the Persian Gulf topped 14 MILLION barrels per day last week for the first time since the Iran war began — up more than 210% from lows in March. Crude exports have now recovered to around 80% of pre-war levels as the U.S. military reopens and secures shipping through the Strait of Hormuz. This is exactly what we need for gas prices to drop.2h
    @mattforneyIran is entering the final stages of the Gaza pivot, as I predicted months ago. The delusional gloating of "Strait's still closed" has given way to "HALP HALP TRUMP IS GENOCIDING US." Watch for them to beg the ICC to issue a warrant against Trump or something.2h
    Today's Rank

    #9

    Today's Rank

    #9