Published • loading... • Updated
Iran War: Saudi Transits Out of Strait of Hormuz Up Markedly But Diesel Crunch Acute as US Weighs Export Ban
Summary by Naked Capitalism
5 Articles
5 Articles
Saudi Arabia has found a new crude oil export route after its east-west pipeline ceased operations due to attacks by pro-Iranian militias in Iraq. The method involves passing through the Strait of Hormuz, which had been effectively blockaded due to Iranian threats, and then transferring the crude oil to other vessels off the coast of Oman. On the 17th (local time), the Wall Street Journal (WSJ) reported that “the ‘shuttle transport’ traversing t…
Saudi Aramco sold nearly 60 million barrels of crude oil through the Ras Tanura port, located within the Strait of Hormuz, in September.
Oil prices fell after Saudi Arabia diverted exports through the Strait of Hormuz. Global supply disruptions eased.
Coverage Details
Total News Sources5
Leaning Left1Leaning Right1Center0Last UpdatedBias Distribution50% Left, 50% Right
Bias Distribution
- 50% of the sources lean Left, 50% of the sources lean Right
50% Right
L 50%
R 50%
Factuality
To view factuality data please Upgrade to Premium
