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5 hours ago

Saudi Arabia’s Red Sea crude bypass peaks in March and declines 41% by June

Saudi Arabia’s Red Sea crude bypass peaks in March and declines 41% by June

Saudi Arabia redirected virtually all crude exports through its East-West Petroline to Yanbu on the Red Sea following the closure of the Strait of Hormuz in late February, reaching a peak of approximately 4.07 million barrels per day in March. By... Read more.

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Ukraine blasts 201 Russian ships in just 3 WEEKS in Strait of Hormuz-style killzone as dramatic vids show latest attacks
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Hormuz crisis puts Europe’s oil market under further strain following post-ceasefire relief
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Oil price outlook: OPEC+ supply hike and weak demand signal further downside
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