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Saudi Arabia shifts oil export routes to Suez Canal amid Persian Gulf security concerns
New York Times·SA · EG · IR·about 11 hours ago
Saudi Aramco is increasing ship-to-ship crude transfers off Fujairah to maintain supply flows to Asia, circumventing potential disruptions in the Strait of Hormuz. The strategy involves moving crude through the strait on tankers with disabled tracking systems before transferring cargo to secondary vessels, indicating a proactive effort to mitigate regional maritime security risks.
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