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Saudi Arabia Boosts Oil Exports from Red Sea Ports as Hormuz Disrupts Oil Shipments


Saudi Arabia has boosted oil exports from its Red Sea ports as tensions involving Iran disrupt shipments through the Strait of Hormuz. 

Oil exports rose to about 2.5 million barrels per day in early March, according to Tanker data.

Saudi Aramco is rerouting oil through pipelines to Red Sea ports to help maintain global supply while other Gulf producers face growing export and storage challenges.

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