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The Economic Times
The Economic Times

Saudi Aramco resumes oil loading at Ras Tanura after four-month halt, data shows

Saudi Aramco Aramco Oil Ras Tanura United States Iran the Strait of Hormuz Gulf LSEG UKMTO

Saudi Aramco resumed oil loading on Friday at its Ras Tanura terminal in the Gulf after a near four-month halt, shipping data from LSEG showed, in a sign that Middle Eastern producers are pushing forward with plans to boost exports despite a ship attack in the Strait of Hormuz.

Middle Eastern producers had been ramping up oil and ‌gas output and exports in ⁠the lead-up ⁠to the interim deal between the United States and Iran to halt the war and reopen the strait where a fifth of the world's oil and liquefied natural gas supplies used to pass.

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