Saudi Aramco resumes oil loading at Ras Tanura in boost to supply

AI Summary

Saudi Aramco has resumed oil loading operations at the Ras Tanura terminal, boosting global supply despite a recent incident where a ship in the Strait of Hormuz was hit by an unknown object. This reflects ongoing tensions in a critical global oil chokepoint.

The Saudi oil loadings come even though a ship belonging to Taiwan's Evergreen Marine was hit by an unknown object in the Strait of Hormuz on Thursday.