Saudi oil under fire, Aramco plots new routes to keep barrels flowing – FinSiddhi

Saudi oil under fire, Aramco plots new routes to keep barrels flowing

Saudi Aramco is actively developing additional oil export routes and studying overseas storage to address vulnerabilities. The ongoing attacks on Saudi energy infrastructure by Yemen’s Houthi rebels have heightened security concerns. CEO Amin Nasser indicated that crude supply could reach 12 million barrels per day if needed. Physical oil market prices are already experiencing significant premiums due to these disruptions.
Read more at Times of India

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