Kepler data shows that although the US suspended its crackdown on Iran for four days, crude oil exports from the Middle East and Gulf are still limited. Ship customs clearance has remained at a recent low level, and the scale of crude oil shipments in the Gulf region has dropped by more than 50%. Kepler said that security risks, rising war insurance premiums, and Iran's interception actions continue to suppress exports; although ship-to-ship transfers ease storage pressure, they have failed to increase market supply.

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