Gulf oil exports crash 44% amid US-Iran War: Iraq worst hit

By Akanksha
April 13, 2026

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Oil exports across six key Arab producers saw exports fall by 44%, marking one of the biggest short-term disruptions in recent years, shipping data from Kpler (April 2026) highlighted.

Iraq: Steepest Fall

Iraq recorded the biggest drop, with crude exports falling by 82%, the sharpest decline among all countries.

Kuwait: Major Drop

Kuwait’s oil exports declined by 75%, marking one of the most significant drops in the region.

Qatar: Heavy Impact

Qatar saw its crude exports fall by 70%, placing it among the hardest-hit exporters.

Saudi Arabia: Significant Decline

Saudi Arabia’s exports dropped by 34%, showing a notable but comparatively smaller fall.

UAE: Moderate Fall

The UAE recorded a 26% decline in oil exports, making it one of the less affected countries in the group.

Oman: Only Country to Gain

Oman stood out as the only country with growth, with oil exports rising by 17% during the same period. Oman’s increase is linked to the fact that many of its ports are located outside the Strait of Ho

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