Despite the sharp escalation of the conflict with the Houthis in Yemen, Saudi Arabia's crude oil exports soared sharply this month, according to data from trade intelligence firm Kpler. Saudi crude oil exports reached 6 million barrels per day in September, the highest level since the outbreak of the war in Iran about seven months ago. The volume of the country's crude oil exports has returned to the 2025 monthly average. Although Saudi Arabia was forced to shut down key east-west oil pipelines this month due to drone attacks launched from Iraq, the country has successfully boosted crude oil exports. Exports in September surged nearly 80% from 3.4 million barrels per day in August. According to Kpler data, the seven-day average of oil exports through the Strait of Hormuz reached 13.2 million barrels per day on Wednesday, compared to about 17 million barrels per day before the Iranian conflict disrupted shipping. Matt Smith, head of commodity research at Kpler, said, “The sharp increase in crude oil exports from the Persian Gulf is, on the one hand, the result of forced pipeline shutdowns, but this also shows that as traffic volume increases, confidence in getting through the Strait of Hormuz is growing.”

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