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Saudi oil export strategy hits new hurdle as Red Sea insurance costs soar

1 source · first seen 22:27 24 Sept · updated 22:27 24 Sept

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Saudi Arabia2 todayCrude oil66 todayShipping routes2 todayInsurance19 todayShipping and logistics12 todayTrade and tariffs26 today

Linked by the tag Shipping routes

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Part of a developing story12 updates over 2 days

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

  1. Crude oil exports via Hormuz at 33.7 million barrels this week, data shows
  2. Qatar Boosts LNG Traffic Through Hormuz as Global Shortage Bites
  3. 2 sources
    Houthi attacks on Saudi facilities lift oil prices about 3%

Thursday, 24 September

  1. You are here
    Saudi oil export strategy hits new hurdle as Red Sea insurance costs soar
  2. West Asia crisis could become serious: Oil Minister
  3. 2 sources
    Puri warns West Asia crisis could escalate; says India does not need refinery investment
  4. 2 sources
    UAE and Saudi Arabia show interest in investing in India’s refining sector

See all 12 updates →

Read the reports

1 report · earliest 22:27
ReutersSaudi oil export strategy hits new hurdle as Red Sea insurance costs soar22:27