Overview
- Abu Dhabi National Oil Co moved about 6 million barrels in April through Hormuz on four tankers that switched off trackers and used ship‑to‑ship transfers or stops in Oman and South Korea.
- That April total is tiny compared with the UAE’s usual exports of roughly 3.1 million barrels per day before the crisis, which shows how limited these risky moves are.
- Saudi Arabia routed crude across its East‑West pipeline from the Gulf to the Red Sea at about 4 million barrels per day in early March, though the line can carry near 7 million.
- Iraq, squeezed by storage and export limits, cut output to roughly 1.5 to 2 million barrels per day and began building a Basra–Haditha pipeline that officials say could move 2.5 million per day in at least two years.
- Attacks near the UAE’s Fujairah port and an Iranian Guard map claiming control at the strait’s mouth have raised risk, while trucking and rail shift only small, costly volumes that strain budgets and supplies.