Saudi Arabia’s crude exports reached 5.28 million barrels per day in September 2026, the highest level since the U.S.-Iran military conflict began in late February. Tanker-tracking data indicates the rebound was driven by a rapid expansion of shipments through the Strait of Hormuz, even as Yanbu tanker loadings remained halted and East-West pipeline volumes stayed below normal. August shipments had fallen to 2.4 million-3 million barrels per day after drone attacks disrupted the pipeline. Aramco redirected cargoes to Gulf terminals and used ship-to-ship transfers at Sohar, Oman, while prediction-market pricing reduced confidence in a full restart by September 30.