Saudi Arabia is shipping the most oil from its ports in almost three years this month, according to Bloomberg data. The kingdom's exports are surging as crude traders closely monitor escalating US-Iran tensions that could disrupt global supply.

This marks a significant increase in Saudi crude flows to the market at a critical juncture. The kingdom has been working to stabilize oil prices and maintain market share amid ongoing geopolitical uncertainty in the Middle East. Higher exports could help offset potential supply disruptions elsewhere.

Traders are watching how Iran responds to renewed US pressure, with any military confrontation threatening to choke off key shipping lanes. Saudi Arabia's ability to boost output provides a buffer against potential supply shocks. The kingdom's increased shipments come as OPEC+ members balance production cuts with market demand.