Iran - Israel/US War: Israel-US declare war on Iran, Iran responds

If you believe fox news then its all good down at the SOH.

Why don't you open your eyes and look at open source data, and several others sources. There's clearly export of oil happening via SOH (though in less frequency from pre-war). But absolute ZERO oil exports by Iran in last one month.

That excuse of "fox news" won't work anymore.
 
From 20m daily oil traffic to 6.5m is still pretty bad.

Yeah but that 20m was already only 20% of world's oil exports. 80% was through other routes. That 20% SOH route included Saudi / Emirati oil too (most of which shifted now via pipelines).

KSA and UAE are now routing 5 million & 1.8 million via pipelines by-passing SOH.

So 6.5m via SOH plus 7 million via pipelines, is 13.5 million still coming out of GCC isn't really bad in war.
 
Yeah but that 20m was already only 20% of world's oil exports. 80% was through other routes. That 20% SOH route included Saudi / Emirati oil too (most of which shifted now via pipelines).

KSA and UAE are now routing 5 million & 1.8 million via pipelines by-passing SOH.

So 6.5m via SOH plus 7 million via pipelines, is 13.5 million still coming out of GCC isn't really bad in war.

Yanbu is closer to 3M and maybe less since Houthi’s attacked Saudi’s have switched back to Persian Gulf.

3+6.5M+2 =11.5 mbpd on average. There is some dispute if that figure already includes the UAE pipeline so it could be more like 9.5MPD on average.

What has helped oil prices is that Chinese oil imports have dropped by ~5MBPD since the war started. Or else if China begins buying at pre war levels than there is more demand on world stage for oil. Then countries would have to out bid each other.
 

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