Aramco resumes oil loading at Ras Tanura

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Saudi Aramco has resumed oil loading at its Ras Tanura terminal after nearly four months, following an Iranian blockade of the Strait of Hormuz. The company previously diverted exports to the Red Sea port of Yanbu amid tensions involving the U.S. and Israel.

Saudi Aramco ​resumed oil loading ​on Friday at its Ras ​Tanura terminal in the Gulf after a near four-month halt, shipping data from LSEG ‌showed.Two Very ⁠Large ⁠Crude Carriers were seen loading crude ​at the terminal, while another waited nearby, the data ​showed. Each VLCC is capable of loading 2 million barrels of oil.Saudi ​Aramco could not ⁠be immediately ‌reached for comment outside office ​hours.The ​Saudi energy major last ⁠loaded a cargo from the Ras Tanura ​port for China on March ​8, the data showed, and had to divert all its exports to the Red Sea port of Yanbu after an Iranian blockade ‌of the Strait of Hormuz during its war with the U.S. ​and ​Israel prevented ⁠ships from entering the Gulf.Middle Eastern producers have been ramping up output and exports ​after the United States and Iran struck an interim deal to halt the war.