Saudi Arabia has immediately boosted its crude oil shipments\nmassively through the Strait of Hormuz. The move comes after the United\nStates and Iran officially signed an agreement last month to reopen the\nstrategic shipping lane.<\/p>\n
According to a report by CNBC International on Friday (3\/7\/2026),\ndata from trade intelligence firm Kpler shows Riyadh has shipped\napproximately 34 million barrels of oil through Hormuz since 17 June.\nThe kingdom\u2019s export volume over the past two weeks has surged\ndramatically, more than doubling compared to the 15 million barrels\nshipped through the same strait during the entire period from 9 March to\n17 June.<\/p>\n
\u2018Flows of Saudi crude within the Gulf have rebounded after months of\nrerouting due to the conflict,\u2019 Kpler analyst Jashan Prema stated in a\nnote to clients on Thursday.<\/p>\n
Of the total oil shipped since 17 June, Kpler noted that around 24\nmillion barrels were loaded during or even before the US-Iran war\nerupted. This indicates that Saudi Arabia is currently busy clearing a\nbacklog of tankers that were trapped and unable to leave the Gulf region\ndue to the armed conflict. \u2018There are still around 17 million barrels of\nSaudi oil that were loaded before the war broke out and remain stuck in\nthe Gulf area,\u2019 Kpler added.<\/p>\n
Riyadh had previously halted almost all oil shipments from its Gulf\nexport terminals at Ras Tanura and Juaymah on 9 March. The decision to\nsuspend operations was forced after tanker traffic in the Strait of\nHormuz plummeted due to a series of Iranian military attacks.<\/p>\n
During the crisis, Saudi Arabia diverted most of its oil exports via\nthe East-West pipeline to the Yanbu terminal on the Red Sea. However,\nthe kingdom is now not only clearing the backlog of pre-war oil but has\nofficially resumed its export logistics in the Gulf. Eleven supertankers\nbound for the kingdom entered the Gulf region between 23 June and 1\nJuly. Of these vessels, eight have completed loading oil at Saudi\nterminals, and five have reportedly successfully exited through the\nStrait of Hormuz.<\/p>\n
Meanwhile, commercial shipping activity continues to transit the\nStrait of Hormuz despite renewed skirmishes between the US and Iran last\nweek. Tensions briefly escalated after Tehran attacked two commercial\nships, prompting retaliatory airstrikes by the US over the weekend.\nKpler noted that tanker traffic had slumped to just eight vessels on\nSunday, but the number gradually recovered, reaching 16 ships by\nWednesday. Maritime intelligence firm Windward recorded that\napproximately 8.5 million barrels of crude oil successfully passed\nthrough the Strait of Hormuz on Wednesday. For macro comparison, data\nfrom the US Energy Information Administration (EIA) shows that nearly 15\nmillion barrels per day routinely transited the strategic waterway\nthroughout 2025.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/us-iran-peace-brings-windfall-for-saudi-arabias-king-salman-1783072310", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }