Saudi Aramco handles Sept Asia crude allocations on ad hoc basis
SINGAPORE/NEW DELHI: Saudi Aramco is handling September crude allocations to some of its Asian term customers on an ad hoc basis after Middle East hostilities disrupted the kingdom’s exports, three sources familiar with the matter said. The shift underscores how hostilities around the Strait of Hormuz and the Red Sea have disrupted supplies from the world’s biggest oil exporter, which has left…
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