18 Hrs
Source:
الاقتصادية
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Saudi Arabia increases oil shipments via Strait to Asia
Bloomberg Agency reported that Saudi Arabia is selling more oil through the Strait of Hormuz to Asia, with this week's total sales reaching 60 million barrels, including long-term contracts and spot shipments. These shipments have been directed to refineries in China, South Korea, Japan, and India, and are being delivered outside the Strait of Hormuz via two carrier transfers during September and October. These increases in sales are part of Saudi Arabia's strategies to boost its oil exports to Asia.
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