Saudi Oil Exports Surge Through US-Secured Strait of Hormuz

Riyadh has resumed oil exports through the Strait of Hormuz after establishing a safe shipping corridor by the United States, according to LIGA.net. The Khurais oil field in Saudi Arabia has seen crude oil exports rise sharply this month.

The increase comes despite the shutdown of the key East-West pipeline due to escalating fighting with Iran-backed Houthis. This development is significant as it allows for increased oil supplies, particularly from the largest oil exporter in the world.