Keywords: Saudi aramco
Freight rates for tankers carrying Saudi crude from Yanbu on the Red Sea to Asia collapsed this week. They fell from over $450,000 per day in early March to about $200,000 per day. A growing fleet converged on this Saudi export hub after the Strait of Hormuz closure disrupted global oil logistics. The......
Saudi Arabia’s state energy giant Saudi Aramco is reportedly redirecting part of its crude exports toward the Red Sea in an effort to reduce reliance on the Strait of Hormuz, as heightened regional tensions disrupt maritime traffic in the Gulf. According to market sources and industry analysts,......
An Iranian drone strike on Saudi Aramco’s Ras Tanura refinery has forced a precautionary shutdown at one of the world’s most important oil facilities, intensifying concerns over a wider regional conflict and global energy security. The attack ignited a limited fire that was brought under......
Saudi Aramco has withheld its March 2026 crude shipment to a Pakistani refinery, reflecting tighter global supply patterns as sanctions and shifting demand reshape trade routes. According to industry sources cited by Pakistan Today, the state oil company has redirected volumes toward larger Asian......
Saudi Arabia’s crude shipments to China are expected to climb to their highest level in years in March 2026 after the kingdom cut its official selling prices to Asia for a fourth straight month, prompting stronger demand from Chinese refiners, industry sources told Reuters. State energy giant......
Oil prices have dropped to their lowest level in nearly four years, with Brent trading around 61 dollars a barrel on 6 January 2026, capping a historic slide driven by one of the largest supply surpluses in two decades. The December 2025 monthly average of 63 dollars a barrel was the weakest since early......
Could Tangier Be the Next Grand Prix Destination? Tangier is ambitiously vying to host a Formula 1 Grand Prix, aiming to rejuvenate Morocco's motorsport legacy. If successful, it would mark the first Formula 1 event in the country since 1958. According to Atalayar, hosting such an event could provide......
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