Fuel oil exports from the Middle East are expected to rebound to a four-month high in June, rising 20% from May to about 508,000 barrels per day, according to ship-tracking data reviewed by Reuters. Saudi Arabia boosted shipments from the Yanbu port on the Red Sea, Iraq began exporting fuel oil from Syria's Baniyas port for the first time in March and reached a record high of more than 600,000 tons this month, and Oman is estimated to be sending out the highest volumes in over two years. The expected June shipments, equal to 2.4 million metric tons, would still be half the pre-war levels when the Middle East typically exported between 5.5 million and 6 million tons per month. Analysts say volumes may not reach pre-war levels soon as shippers remain cautious amid uncertainty over U.S.-Iran negotiations, with FGE NexantECA consultant Palash Jain noting that fuel oil flows through the Strait of Hormuz are expected to increase over the next 60 days but the recovery is unlikely to be substantial. Meanwhile, Saudi Arabia continues to import high volumes of Russian fuel oil as the Hormuz crisis has reduced domestic supply for power generation.