Energy ·
Bessent: Gulf oil exports have "surpassed pre-conflict levels"
“oil exports from the Persian Gulf are roaring back and have surpassed pre-conflict levels.”
“MIDEAST CRUDE EXPORTS ROAR BACK”
“~17–18 mb/d”
“Jan-Feb 2026 Average”
“as of October 21, 2026”
Official post · not independently verified
Our summary
Treasury Secretary Scott Bessent said "oil exports from the Persian Gulf are roaring back and have surpassed pre-conflict levels." The attached Treasury graphic (per image text) is titled "MIDEAST CRUDE EXPORTS ROAR BACK", charts crude and condensate exports through the Strait of Hormuz, Oman and Fujairah ports and the Red Sea, marks "~17–18 mb/d" against a "Jan-Feb 2026 Average" line, and cites seaborne export data "as of October 21, 2026".