Kuwait is exporting about 1 million barrels of crude a day, including STS outside Hormuz, as flows recover — almost two-thirds of last year’s 1.6 million b/d average. Hormuz is not reopened; Vitol and Macquarie Hormuz-flow stamps stay separate.
Kuwait is exporting about 1 million barrels of crude a day, including through ship-to-ship transfers outside the Strait of Hormuz, as oil flows through the waterway recover, Bloomberg reported (Anthony Di Paola; September 7, 2026 at 11:53 PM PDT). The same stamps appear on CNBC-TV18 (Bloomberg via CNBC-TV18; September 8, 2026, 12:58:48 PM IST). Hormuz is not reopened.
State-owned Kuwait Petroleum Corp. is delivering cargoes directly to customers using its own tankers as well as chartered vessels, said Shaikh Khaled Al-Sabah, managing director for international marketing. Kuwait’s crude shipments have recovered to almost two-thirds of the 1.6 million b/d it exported on average last year after exports slumped to multiyear lows when the Iran war began in late February. Buyers will have to pay more for KPC to deliver crude outside Hormuz to compensate for transit risks, while those taking cargoes inside the Persian Gulf will receive discounts.
Flow estimates through Hormuz are split: Vitol’s Russell Hardy cites about 10 million barrels a day, including 9 million of crude; Macquarie cites about 7 million barrels a day of crude and refined fuels — still less than half the 20 million b/d that transited before the war. Shipments are continuing even as renewed US–Iran fighting ended a period of relative calm.
Iraq Basra, Al Marrouna LNG, Iraq seeking Hormuz tankers, Aramco Jizan, WTI $91.15, WTI Asia, USD/CAD oil, and weekend US–Iran tanker strikes.
Also see: WTI Advances Above $92.00, Highest Since July 23, as Hormuz Tensions Stoke Supply Concerns.
Also see: Suez Canal Revival Gathers Pace as Hormuz Crisis Reroutes Ships.
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Suez Canal traffic gathers pace as Hormuz tensions reroute ships. July stamps 1,340 vessels (+27% YoY) and $505M revenue; SCA FY path $5.8B–$6B. Hormuz is not reopened.
WTI climbs above $92.00 to its highest since July 23 on Hormuz supply concerns. Chart stamps C92.05 / H92.12 (+1.42%); Hormuz is not reopened.
CENTCOM struck three IRGC crude carriers on 5 September after ballistic missiles toward two US Navy ships. Adm. Brad Cooper set the cost message. Reuters stamps Tehran’s counterclaim on Hormuz routes. Iran’s Rezaei flagged a new restricted maritime zone — attributed claims only.