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Saudi Arabia Offers Oil Near Oman, Signals Potential Shuttling

Key takeaways

  • Saudi Arabia's offer to sell oil from near Oman suggests a shift towards shuttling more barrels through the Strait of Hormuz, following UAE's lead.
#Oil#Saudi Arabia#UAE#Strait of Hormuz

Analysis

Saudi Arabia's offer to sell oil from near Oman suggests a shift towards shuttling more barrels through the Strait of Hormuz, following UAE's lead.

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