EconomySaudi Arabia in talks on ‘shuttle’ oil supplies
Saudi Arabia is negotiating long-term contracts for “shuttle” oil supplies through the Strait of Hormuz, Bloomberg reported, citing sources. Saudi Aramco has allowed some buyers to transfer oil between ships off India because they do not want to approach the Gulf of Oman for security reasons. Talks are expected to conclude by year-end, with no final decision yet.
T
TASS★★★☆☆2026-10-08 11:03Original
Saudi Arabia in talks on ‘shuttle’ oil supplies