"Saudi crude flows inside the Gulf are reviving," says Kpler analyst Jashan Prema today

For months, the world's most important oil chokepoint was a ghost town.

Tankers turned back. Cargoes rerouted. Traders held their breath.

Then June 17 happened.

The U.S. and Iran signed a deal.

Hormuz reopened.

And Saudi Arabia? It hit the gas. 🚀

🛢️ 34 million barrels. Two weeks. One giant flex.

Since that agreement, the Kingdom has pushed 34 million barrels through the Strait of Hormuz.

For context — in the three months before the deal, Saudi shipped just 15 million barrels through the same waterway.

That's more than double the volume in a fraction of the time.

Kpler analyst Jashan Prema put it plainly today: "Saudi crude flows inside the Gulf are reviving after months of conflict-driven rerouting."

When Iran began attacking tankers back in early March, Saudi Arabia basically froze its Gulf terminals — Ras Tanura and Juaymah went quiet.

Oil got stranded. Ships got stuck. A massive backlog piled up inside the Gulf.

Here's the breakdown of what's moving now:

📦 24M barrels already shipped were loaded during or before the war
⛴️ 17M barrels of pre-war oil are still sitting in the Gulf waiting to leave
🛳️ 11 supertankers entered the Gulf between June 23 and July 1
✅ 8 of them have loaded up. 5 have already sailed out through Hormuz.

This isn't just a cleanup job anymore.

Saudi Arabia is rebuilding its entire Gulf export machine.

Here's the wild part.

Just last weekend, Iran attacked two commercial ships. The U.S. hit back with strikes on Iran.

Tanker traffic dipped to 8 ships on Sunday… then bounced right back to 16 by Wednesday. 📈

On Wednesday alone, roughly 8.5 million barrels of crude flowed through Hormuz.

The waterway that normally carries 15 million barrels a day — about a fifth of the world's oil — refuses to stay closed.

During the crisis, Saudi rerouted crude through its East-West pipeline to Yanbu on the Red Sea. A workaround. An expensive one.

Now the Kingdom is voting with its tankers.

It believes Hormuz is back.

Even with missiles still flying overhead… oil finds a way.

And right now, it's finding it faster than anyone expected.

That's all for now!