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Bypassing Strait of Hormuz: Saudi Aramco Offers Alternative Offshore Crude Delivery Routes to Asian Refiners.

In response to escalating security risks and maritime disruptions in the Strait of Hormuz, Saudi Aramco has proposed alternative crude oil delivery mechanisms to...

Global Crude Oil Prices Drop Over $1 per Barrel Despite Escalating U.S.-Iran Tensions.

Global crude oil prices declined by more than one dollar per barrel during recent market trading as downward revisions in global demand forecasts overshadowed...

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