The UAE's Minister of Energy and Infrastructure says the country's oil exports have not only recovered from disruptions linked to the Iran conflict but have now surpassed pre-war levels. Suhail Al Mazrouei said the UAE had managed the crisis better than expected by leaning on domestic infrastructure. UAE oil exports reached 3.94 million barrels per day in June 2026, the highest monthly total in the past year. That marks a sharp turnaround from March 2026, when exports plunged to a low of 2.13 million bpd during the temporary closure of the Strait of Hormuz.

A key factor behind the recovery has been the UAE's West-East crude pipeline, which currently carries up to 1.5 million bpd. An expansion of the pipeline is planned for completion by 2027 and is expected to roughly double its capacity.

The Iran conflict, which began on February 28, 2026, had fuelled global fears of a sharp spike in oil prices. BP chief executive Meg O'Neill said that "if you went back to the start of the conflict, people would have said that oil should have been $150 a barrel by June, and that didn't happen."

Brent crude is currently trading near $110 a barrel, with West Texas Intermediate around $100. UAE officials say the combination of shipping fleet capacity and domestic pipeline infrastructure helped stabilise global oil markets during one of the most turbulent periods for regional energy supply in years.