The increase in coercion occurs as Middle East oil exports show resilience. Data from Kpler reveals regional shipments topped the pre-war average of 18 million BPD on four days in late September, peaking between 19.5 million and 22.5 million BPD. Shell CEO Wael Sawan stated regional flows have recovered to 80-plus percent of pre-war levels, though security remains volatile with Marisks reporting at least seven shipping incidents including a fire on the Kazimah III on Oct. 1.
Tuesday, October 20, 2026
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IRGC Forces Second Tanker to Turn Back in Strait of Hormuz
Commodities14 days ago
An additional oil tanker reversed course in the Gulf's main oil artery on Oct. 6 after being threatened by Iran's Islamic Revolutionary Guard Corps, according to shipping reports. This follows a similar incident on Oct. 5 involving the Singapore Energy, a very large crude carrier owned by Sinokor, which was ordered to turn back or be targeted by the IRGC. While the Singapore Energy initially complied and made a U-turn, AIS data indicates the vessel later transited into the Gulf and was spotted off Sharjah, UAE, on Oct. 6.
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