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Saudi Arabia slashes oil supply to Asia as war chokes export route
Saudi Arabia is sharply reducing crude exports to Asia as Hormuz disruptions force more barrels onto limited Red Sea routes.
SINGAPORE, March 23 (Reuters) - Saudi Aramco, the world's top oil exporter, has cut crude supply to Asian buyers for a second ...
Move follows attack on Red Sea port of Yanbu, Saudi Arabia's main oil export outlet, after Iran blocked Hormuz Strait.
Oil exports leaving from an alternative to Hormuz are inching toward 3 million barrels a day — but that’s less than half of ...
Prices at such a level could lead the kingdom to be vilified and trigger a recession or consumer changes that crush demand.
Iran has stepped up attacks on Saudi Arabia in recent days, signaling it’s targeting the oil-rich kingdom more aggressively ...
Faced with the de facto closure of the Strait of Hormuz, Saudi Arabia is rapidly shifting its oil exports to the Red Sea ...
Saudi Arabia is offering long-term customers the option of receiving their crude supply for April through the Yanbu Port on ...
The International Energy Agency has recommended the largest release in history from its strategic reserves over two months.
Saudi Arabia has already ramped up its oil exports to more than half of normal levels despite the disruptions from the Iran ...
Saudi Arabia has threatened to strike back at Iran after attacks on oil and gas sites across the Gulf caused prices to surge ...
Saudi Arabia's non-oil trade surplus with GCC countries reached approximately SAR 19.5 billion in the fourth quarter of 2025, ...
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