Gulf oil exports rebounded sharply in June, climbing more than 3 million barrels per day from May to exceed 10 million barrels per day.
The surge was driven by record-breaking shipments from the United Arab Emirates, which pushed crude and condensate exports to historic highs following its formal departure from OPEC.
Despite the significant month-on-month jump, total Gulf exports remain approximately 4 million barrels per day below pre-crisis levels, indicating that the region has not yet fully normalized its supply chain.
Preliminary ship-tracking data from Kpler and Vortexa confirms the acceleration in regional throughput.
The recovery in export volumes comes as US military operations helped maintain the flow of oil through the Strait of Hormuz, mitigating some of the shipping risks that had previously constrained regional output.
Despite the significant month-on-month jump, total Gulf exports remain approximately 4 million barrels per day below pre-crisis levels, indicating that the region has not yet fully normalized its supply chain.
The UAE’s aggressive export strategy highlights a shift in regional market dynamics.