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Pre-war Strait of Hormuz *crude* flow: ~15m b/d
My current flow assumptions:
Iran: ~1.2m b/d (SoH)
UAE: ~1.8m b/d (Fujairah)
KSA: >2.0m b/d (Red Sea above pre-war)
Plus ~0.5m b/d (SoH tankers with AIS off)
Total: ~5.5m b/d (~35% of pre-war)
Saudi flows to rise by Thu-Fri
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