Saudi Aramco Boosts Gulf Oil Loadings Amid Pipeline Disruptions
Saudi Aramco has increased crude oil loadings from its Mideast Gulf terminals in response to a drone attack that disrupted shipments along its East-West Pipeline to the Red Sea.
Data from TankerTrackers.com shows that state-owned Saudi Aramco loaded around 14 million barrels of crude onto seven Very Large Crude Carriers inside the Mideast Gulf on Sunday, which is a significant surge in eastern loadings.
This strategic shift follows the shutdown of the East-West Pipeline on September 13 after a drone strike halted operations at the Yanbu export terminal on the Red Sea.