Saudi Arabia’s Petroline, the 1,200-kilometer crude pipeline connecting its eastern oil fields to the Red Sea, is now moving oil at its maximum rated capacity of 7 million barrels per day, offering a partial workaround to a Strait of Hormuz blockade that has cut normal traffic by an estimated 90 to 95%. Hormuz Crisis Week […]News, market updates, markets and prices, OIL, Saudi ArabiaRead More

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