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Saudi Oil Tanker Firm Crossing Hormuz With US Coordination

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Saudi Oil Tanker Firm Crossing Hormuz With US Coordination Saudi Arabia’s main shipping firm is sending some tankers through the Strait of Hormuz in coordination with the US military, as the kingdom boosts oil supplies via the crucial waterway that’s helped drive exports close to prewar levels. The Saudis are working with the US on a government level to support the transits, Khalid Alhammad, president of Bahri Ship Management, said in at an event in Dubai Tuesday. The company sent through...

Saudi Oil Tanker Firm Crossing Hormuz With US Coordination Saudi Arabia’s main shipping firm is sending some tankers through the Strait of Hormuz in coordination with the US military, as the kingdom boosts oil supplies via the crucial waterway that’s helped drive exports close to prewar levels. The Saudis are working with the US on a government level to support the transits, Khalid Alhammad, president of Bahri Ship Management, said in at an event in Dubai Tuesday. The company sent through four vessels today, he said.
Saudi Oil Tanker Firm Crossing Hormuz (ORG) the Strait of Hormuz (LOCATION) US (LOCATION) Saudis (ORG) Khalid Alhammad (PERSON) Bahri Ship Management (ORG) Dubai (LOCATION)
Originally published by Bloomberg Markets Read original →