7 Hrs
Source:
مباشر
_1777294237270_124456903.png&w=64&q=75){kind=small}
Saudi Arabia boosts supply with 100M barrels
Saudi Arabia has announced that it has sold approximately 100 million barrels of oil to Asian buyers since mid-last week, in an attempt to avoid an impending supply crisis in the region. These sales were made through the Strait of Hormuz, with shipments scheduled for October and November, amounting to a full day's worth of global oil demand, and more than doubling the recent flows through the strait. This move comes amid the disruption of the East-West pipeline operations following an attack it suffered on September 10. Saudi Aramco is working to resume its operation by next Saturday, increasing oil exports through the strait to ensure supply stability amid declining Iranian and Russian oil flows.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)