SENSEX
NIFTY
GOLD
USD/INR

Weather

image 33    C

Company News

The Economic Times

Company / The Economic Times

details

June: 10 mbpd, May: 3 mbpd: Gulf oil exports up, but 40% below pre-war level

Gulf oil exports surged past 10 million barrels daily in June, a significant jump from May, thanks to US military efforts securing the Strait of Hormuz. The UAE spearheaded this recovery, enabling millions of barrels to reach global markets and helping to stabilize oil prices. Despite this rebound, exports remain considerably lower than pre-conflict levels.

4 Jul 2026 12:31 am