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Saudi Arabia boosts Gulf oil output in September
Data showed that oil flows from the Gulf region, excluding Iran, increased in September to more than 81% of pre-war levels, with a significant rebound in Saudi exports, which reached approximately 6.6 million barrels per day—that's an increase of 4.2 million barrels compared to August, despite infrastructure attacks and regional tensions. Meanwhile, Iran's exports dropped to zero due to U.S. sanctions. The data also indicated that flows recovered to 91% of pre-war levels, although some exports, such as refined fuels, continued to decline, leading to higher global prices for diesel and jet fuel.
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