Research Paper

Future Energy Landscape - Global Energy Agenda - Why Are Oil Exports Recovering Despite the Blockade of the Strait of Hormuz?

Author	Akiko Yoshioka
Summary	Tensions surrounding the Strait of Hormuz remain high. The United States and Iran concluded a memorandum of understanding in June, prompting Washington to temporarily suspend its naval blockade of vessels entering or ...
Outline	Oil exports through the Strait of Hormuz are recovering. The UAE and Kuwait are using U.S.-supported transit arrangements and ship-to-ship transfers, while Iraq has combined negotiations with Iran, deep discounts on Basra crude, and increased sales to ADNOC to sustain exports. Iran itself remains the most constrained, with crude exports sharply reduced. As navigation through the Strait remains risky and politically contested, Gulf producers are relying on diplomatic engagement and practical shipping arrangements to maintain exports while managing persistent security risks.
Keyword	Sakiyomi, Strait of Hormuz, oil exports, naval blockade, Iran, Iraq, UAE, Kuwait, United States, crude oil, oil tankers, ship-to-ship transfer, STS, SOMO, ADNOC, Basra crude, maritime transport, energy security, Gulf oil producers
Media	ＨＰ (9/24/2026)
URL	https://eneken.ieej.or.jp/en/sakiyomi_energy_issues.html
Report PDF	https://eneken.ieej.or.jp/data/13541.pdf