SAGIRE
Geopolitics before the headlines
·PT/EN
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Kpler data cited by Reuters shows 22 tankers, mostly very large crude carriers, left the Strait of Hormuz in the week of September 13 carrying 42 million barrels of crude, with Saudi Arabia and Iraq accounting for 43% of the volume each.

The VLCC Pinios was transferring 2 million barrels of Iraqi Basrah crude off Fujairah on Monday to another VLCC, the New Constant, which is expected to head to China. Houthi attacks on Aramco’s East-West pipeline have pushed the Saudi state firm to increase exports through the strait this month, and there have been no visible loadings from the Red Sea port of Yanbu since September 16.