Traders and shippers say oil exports from the Gulf that were previously believed to be “lost” are turning out to be much smaller than earlier estimates suggested. The discrepancy comes as market participants reassess shipment tracking and flows, with some cargoes turning up in different markets or being rescheduled rather than disappearing from trade. Sources cited across the reports indicate that initial calculations may have overstated disruptions by relying on incomplete early information, especially during periods when shipping schedules shift quickly and rerouting occurs. As more vessel and loading data becomes available, the updated picture points to a smaller reduction in overall exports than markets first feared. While the reports acknowledge that there is still disruption and volatility in Gulf supply chains, they characterise the revised assessment as lowering the magnitude of export losses. The outlets present the same overall conclusion: the apparent shortfall in Gulf oil exports is less severe, according to those directly involved in chartering, shipping, and trading.