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Market move● Neutral for Indian equities
Houthi attacks on Saudi facilities lift oil prices about 3%
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Saudi oil shipments through the Strait of Hormuz
Saudi Arabia increased crude shipments to Asian buyers, including India and China, as the Iran war and Hormuz crisis raised supply concerns. Ship-to-ship oil transfers in the Gulf of Oman have reached capacity amid the surge in exports.
Friday, 25 September
- Houthi attacks on Saudi facilities lift oil prices about 3%