Categories: KSA

Aramco resumes Ras Tanura oil loading after 4 months

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.

Two Very Large Crude Carriers were ​seen loading crude at the ​terminal, while another waited nearby, the data ⁠showed. Each VLCC is capable of ​loading 2 million barrels of oil.

The Saudi energy major last loaded ​a cargo from the Ras Tanura ​port for China on March 8, the data ‌showed, ⁠and had to divert all its exports to the Red Sea port of Yanbu after an Iranian blockade of ​the Strait ​of Hormuz ⁠during its war with the U.S. and Israel prevented ships ​from entering the Gulf.

Middle Eastern ​producers ⁠have been ramping up output and exports after the United States and Iran ⁠struck ​an interim dealto ​halt the war.

(Reuters)

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