Saudi Arabia has sold about 20 million barrels of crude to Asian refiners for liftings outside the Strait of Hormuz in September–October, traders said. Saudi Aramco offered the cargoes to independent refiners and other East Asian buyers after the Eas

2026-09-16

Saudi Arabia has sold about 20 million barrels of crude to Asian refiners for liftings outside the Strait of Hormuz in September–October, traders said. Saudi Aramco offered the cargoes to independent refiners and other East Asian buyers after the East‑West pipeline — which routed oil to the Red Sea and allowed bypassing the Strait — was shut following an attack last week; officials have given no restart timetable. Loadings will be carried out via ship‑to‑ship transfers in Oman Bay, meaning buyers take delivery outside the Hormuz transit leg and are not responsible for that segment.