
Saudi Oil Exports Cost More as Red Sea Risks Mount
Saudi Arabia’s Red Sea oil route was built to bypass Hormuz, but higher insurance costs and a pipeline disruption have complicated shipments. Yanbu loadings were still paused as of Thursday,…

Saudi Arabia’s Red Sea oil route was built to bypass Hormuz, but higher insurance costs and a pipeline disruption have complicated shipments. Yanbu loadings were still paused as of Thursday,…

Iran calls Trump's AI generated video of Kharg Island's destruction "laughable," as real U.S. and Iranian strikes near the Strait of Hormuz rattle oil markets this week.
A Ukrainian drone strike sparks a fire at Russia's key Baltic export port of Ust Luga, the latest hit in a campaign squeezing Moscow's fuel exports and refining capacity.