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Saudi Arabia
16 TokenPost stories are tagged Saudi Arabia. The newest appear first.
Latest Saudi Arabia stories
- India Adds Middle East Oil Supply as Russian Imports Ease in September
Russian crude imports averaged about 1.75 million barrels per day, while total Indian crude imports reached 5.3 million barrels per day.
· Investing
- Saudi Arabia Restarts Red Sea Crude Loadings After Pipeline Repair
The partial recovery of the East-West pipeline reopens an export route around the Strait of Hormuz, while full capacity could take weeks to restore.
· Investing
- Saudi Arabia’s Oil Revenue Rises to $210 Billion Amid War
Higher Brent prices have offset sharply lower shipments, while exports through the East-West pipeline to Yanbu resume at about 3.5 million barrels per day.
· Business
- Saudi Arabia Restarts East-West Pipeline, Reopening Hormuz Bypass
Exports to Yanbu have resumed after repairs, restoring a route that can carry up to 7 million barrels of crude per day to the Red Sea.
· Business
- U.S. and Brent Crude Prices Fall Nearly $0.80 on Sept. 28
U.S. crude traded at $94.21 a barrel and Brent at $100.34 after both benchmarks fell nearly $0.80.
· Investing
- Saudi Arabia Seeks Return to Prewar Strait of Hormuz Rules
Foreign Minister Faisal called for unrestricted passage without fees or limits, linking the waterway's status to global energy security and trade stability.
· Regulation
- Trump Rejects Iran Ceasefire Proposal as Saudi Forces Intercept Missiles
Iran offered to reopen the Strait of Hormuz and restart nuclear talks within seven days if the U.S. meets its conditions.
· Investing
- VLCC Rates Hit Record $1.27 Million a Day as Oman Capacity Tightens
Saudi Arabia’s rerouting of crude through the Strait of Hormuz has increased tanker demand and pushed ship-to-ship transfers near Sohar toward capacity limits.
· Investing
- Iran Puts Onus on U.S. to End War as China Pushes De-escalation
President Masoud Pezeshkian said Washington must decide whether to end the seven-month conflict as Houthi attacks on Saudi targets added pressure to energy markets.
· Regulation
- Missile Launches Toward Saudi Arabia Keep Brent on Weekly Gain Track
Brent traded at $105.65 a barrel early Friday, while West Texas Intermediate stood at $93.11 as markets weighed regional supply risks and uncertainty over the Strait of Hormuz.
· Investing
- France Plans Saudi Deployment to Protect Yanbu Oil Facility
President Emmanuel Macron said France will send soldiers, radars and defense systems as Saudi Arabia restarts a pipeline supplying the Red Sea export hub.
· Business
- Saudi Arabia Says It Intercepted Six Houthi Missiles Targeting Yanbu and Taif
The missiles targeted Taif and Yanbu, while danger alerts covered five Saudi cities before authorities said the threat had passed.
· Investing
- Brent Crude Futures Rise Above $107 as Middle East Risks Intensify
The November Brent contract reached $107.25 on Sept. 10, up $6.04, while missile and drone attacks raised concerns about regional supply and shipping security.
· Investing
- Saudi East-West Pipeline Restarts, Yanbu Loading Had Not Resumed
Crude is moving toward Red Sea refineries after a low-rate restart, but tanker loading at Yanbu had not resumed as of Sept. 24.
· Business
- Saudi Arabia Sells Nearly 100 Million Barrels to Asian Buyers
Saudi Aramco is taking on part of the vessel, insurance and voyage risk as Asian refiners grow reluctant to arrange tankers through the Strait of Hormuz.
· Investing
- Brent Slips Below $99 as U.S.-Iran Talks, Saudi Export Hopes Ease Supply Fears
Brent November futures fell 53 cents to $98.72 a barrel as reported diplomatic progress and hopes for a Saudi pipeline restart eased near-term supply concerns.
· Investing