Increased vessel attacks drive Hormuz oil exports 'sharply lower', report says

Oil exports through the Strait of Hormuz declined significantly as of October 7, reaching a seven-day average of 9.9 million barrels per day. This figure represents a 42 percent decrease compared to prewar levels and a substantial drop from the approximately 15.5 million barrels per day recorded in September. Data provided by Kpler indicates that the reduction in export volume coincides with an increase in vessel attacks in the region.

The Strait of Hormuz remains a critical maritime chokepoint for global energy supplies. The sharp decline in throughput highlights the sensitivity of these shipping lanes to regional security threats and the direct impact of vessel-targeting activities on international oil distribution.