Saudi Aramco widened the discount on September Arab Light crude to Asia by $2 per barrel amid geopolitical tensions disrupting shipping routes. Brent crude prices dropped nearly 20% in two weeks as tr
The US paused strikes against Iran amid Houthi attacks on Saudi Aramco facilities, raising concerns over Red Sea energy flows. Escalation threatens Strait of Hormuz traffic, pushing Brent crude up 27%
Saudi Aramco sold at least 6 million barrels of crude on a spot basis to Asian buyers to revive exports disrupted by regional conflict. Crude exports have recovered to 75% of pre-conflict levels, cont
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