SAUDI OIL EXPORTS SURGE AFTER HORMUZ REOPENS Saudi Arabia is shipping its most crude through the Strait of Hormuz since the U.S.-Iran truce…
SAUDI OIL EXPORTS SURGE AFTER HORMUZ REOPENS
Saudi Arabia is shipping its most crude through the Strait of Hormuz since the U.S.-Iran truce reopened the waterway.
Four Bahri supertankers carrying about 8 million barrels have exited the Gulf, signaling higher exports. The increase follows Saudi Aramco's recent spot sales to Asia and reflects improving regional shipping flows as OPEC's top producer ramps up exports.
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