LATEST: 🇸🇦🇺🇸 Saudi Arabia's oil exports hit highest level since Iran war began as shipments increase through new US-secured Strait of Hormuz route. Saudi's crude oil exports increased almost 80% this month to 6 million barrels per day, despite a drone attack that knocked the East-West oil pipeline offline. Saudi Arabia increased its oil shipments through the Strait of Hormuz using a new US-secured shipping route along Oman's coast. Brent crude oil hit $110 after the pipeline shutdown earlier this month, but prices have since fallen as exports continued to increased.