Saudi Oil Surge Pushes Gulf of Oman Transfers to Capacity

AI Summary

Ship-to-ship oil transfers in the Gulf of Oman have reached full capacity as Saudi Arabia diverts crude exports from the Red Sea through the Strait of Hormuz. This surge underscores the strategic importance of Gulf maritime routes in Middle Eastern oil logistics.

Ship-to-ship transfers in the Gulf of Oman for Middle Eastern oil from inside the Strait of Hormuz have reached their limits after Saudi Arabia diverted exports from the Red Sea…