Mideast oil exports rebound in September as Saudi Arabia boosts shipments
AI Summary
Oil exports from the Middle East rebounded in September following recovery through the Strait of Hormuz. Saudi Arabia boosted shipments by diverting exports from the Red Sea port of Yanbu due to damage from attacks on the East-West oil pipeline.
The rebound follows a recovery in exports via the Strait of Hormuz, which are set to hit about 7.4 million bpd this month, as Saudi Arabia diverts oil exports from the Red Sea port of Yanbu following attacks that damaged its East-West pipeline
World Politics Commodities Energy Shipping Middle East oil exports Saudi Arabia Strait of Hormuz pipeline attack Yanbu port energy shipments