Saudi oil rerouted through Oman as Hormuz blockade disrupts shipping
Saudi Arabia is increasingly moving crude through ship-to-ship transfers off Oman's Sohar port as disruption linked to the Strait of Hormuz blockade continues to reshape regional oil shipping. The arrangement is being used to get exports out after commercial vessels began avoiding the waterway, which has become effectively closed in the current conflict. Sohar, just outside the strait, has emerged as one of the main bypass points for the flow of crude.The supporting material says Saudi exports were disrupted after Iran-aligned Houthis damaged a key East-West pipeline that had helped bypass the Strait of Hormuz. It also says Iran closed... [Continue Reading]
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