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The article centered around the claim that Saudi Arabia purchased 25 oil tankers for $4.5 billion and its impact on the rising costs of transporting Iraqi oil. The coverage linked the event to increased shipping and insurance costs, but verification revealed that shipping disruptions and cost increases were already occurring before the claim emerged. Saudi Arabia denied the validity of this claim, attributing the rise in costs to heightened military tensions and navigation risks through the Strait of Hormuz. They emphasized that the cause of the crisis was due to multiple factors that preceded the claim, and describing the crisis as being caused by the tanker purchase is inaccurate and distorts the understanding of responsibility and implications.
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