Middle East fuel oil exports are expected to reach a four-month high in June, but remain below pre-war levels.

```htmlGolden Ten Data reported on June 25 that, according to trade sources and shipping data, fuel oil exports from the Middle East are expected to rebound in June to their highest level in four months. This is due to Iraq and Saudi Arabia shifting crude oil supply to other ports, while cargo shipping through the Strait of Hormuz is anticipated to resume. This may lead to a significant drop in high-sulfur fuel oil prices in major trading hubs such as Singapore. According to data from Kpler and LSEG, Middle East exports in June are expected to reach around 2.4 million tonnes (508,000 barrels per day), an increase of more than 20% compared to May. However, this figure remains far below the pre-war monthly average of 5.5 to 6 million tonnes. FGE NexantECA Middle East oil consultant Palash Jain said: "Over the next 60 days, the flow of fuel oil through the Strait of Hormuz is expected to increase, but the scale of recovery is unlikely to be significant."```