Saudi Aramco and Asian refiners clash over 2027 oil contracts amid Middle East war disruptions, specifically regarding whether spot purchases offset contractual obligations.
Saudi Aramco is offering oil cargoes on a ship-to-ship basis near Oman, signaling potential route adjustments through the Strait of Hormuz. This move helps maintain supply stability and prices despite
Several Asian refiners have requested to collect Saudi Aramco cargoes from Egyptian ports instead of Yanbu due to Houthi attacks in the Red Sea, raising shipping costs and risking skipped allocations.
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