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Middle Eastern Oil Producers Prepare to Resume Oil Exports via Strait of Hormuz: Wire
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Middle Eastern producers have asked Asian refiners to submit crude oil loading plans for April and May in preparation for the eventual resumption of shipping through the Strait of Hormuz, Reuters quoted sources as saying. The US and Iran announced a two-week ceasefire agreement this week. There are currently no signs that Iran will lift its comprehensive blockade of the Strait of Hormuz. Saudi Aramco has requested customers to submit nominations for cargoes to be loaded in May from the ports of Yanbu and Ras Tanura, on the condition that exports from Ras Tanura port resume, as vessels need to pass through the Strait of Hormuz, sources added. Auto-translated by AI AASTOCKS Financial News |
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