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Kuwait Qatar Oil Flows Through Hormuz Rise

Bloomberg Markets •
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Kuwait and Qatar are increasing crude oil shipments through the Strait of Hormuz, contributing to rising global oil flows that are helping stabilize prices. The two Persian Gulf nations, which exported a combined 2 million barrels per day before the Iran war, have restored shipments to approximately 70% of pre-conflict levels, according to traders speaking on condition of anonymity due to media restrictions. This uptick in exports reflects efforts by smaller Gulf producers to maintain market presence amid ongoing regional tensions.

The Strait of Hormuz remains a critical chokepoint for global oil trade, and increased traffic from Kuwait and Qatar underscores the resilience of regional supply chains despite geopolitical disruptions. Traders note that the restored flow levels are part of a broader trend of cautious recovery in oil exports from the Gulf region.