Gulf producers, including the UAE, Kuwait, and Oman, are coordinating oil transfers via ship-to-ship methods to sustain global energy flows while navigating Western sanctions.
1 report, 1 independent
Updated Jun 17
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What happened
Gulf producers, including the UAE, Kuwait, and Oman, are coordinating oil transfers via ship-to-ship methods to sustain global energy flows while navigating Western sanctions.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- The Red Sea, Kuwait, and Oman are being assessed as a potential terminus and transit partner for crude oil exports and pipeline networks.Sub-event
- The United Arab Emirates is implementing a strategic shift to diversify its energy exports away from the Strait of Hormuz.Sub-event
Gulf producers coordinate oil transfers via STS to maintain global energy flows despite sanctions.1 source
Keep exploring
Part of
Geopolitical tensions in the Middle East are currently affecting global energy prices.Also in this story
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- The Fed's tone is guiding market direction following a ceasefire that reduces energy price shocks.
The entities involved
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United Arab Emirates
country in Western Asia
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Kuwait
sovereign state in Western Asia
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Oman
sovereign state in western Asia
Related events
- Crude oil exports are maintained through the Strait of Hormuz, with cargoes transferred off the UAE and Oman using terminals in Iraq and Bahrain.
- Kpler aggregates Middle East oil flows, showing increased transit through Hormuz from Iraq, Kuwait, UAE, Qatar, Oman, and Saudi Arabia.
- Anas Sarwar urged Kuwait to strengthen trade partnerships with other Gulf states.
- French industrial champions, including EDF Group, are deepening their presence in Oman through infrastructure and energy projects, including a new hydropower deal.
- New export routes are being planned from Gulf states as energy security challenges shift capital allocation globally.