EconomySaudi oil export strategy hits new hurdle as Red Sea insurance costs soar
Insurance for oil tankers loading at Saudi Arabia’s main Red Sea port has tripled in recent weeks, industry sources told Reuters, deepening the major crude producer’s difficulty in finding a viable route for its exports.
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Reuters★★★★☆2026-09-24 18:40Original
Saudi oil export strategy hits new hurdle as Red Sea insurance costs soar
Economy