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Market move● Neutral for Indian equities
Saudis Surge Oil Exports to War-Time Peak on Hormuz Ramp Up
- Mideast oil exports rebound in September as Saudi Arabia boosts shipments
- Sitharaman to visit Qatar for AIIB annual meeting on September 27–29
- Saudi shifts Riyadh schools to remote learning
- Saudi Aramco works with Evercore on gas unit plans
- Azerbaijan signs investment agreements worth more than $10 billion
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
Thursday, 24 September
- Saudis Surge Oil Exports to War-Time Peak on Hormuz Ramp Up