Saudi Aramco to review alternative crude export routes to avoid Hormuz, source says
ReutersMar 3, 2026 11:05 AM
DUBAI, March 3 (Reuters) - Saudi Arabian oil giant Aramco 2223.SE will review alternative routes to export its crude oil to avoid the Strait of Hormuz, an industry source said on Tuesday, including by using the east-west pipeline to ship crude via the western Red Sea coast.
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Related Articles
Spot Silver Prices Volatile, Losses Narrow After 7% Plunge, Has Safe-Haven and Industrial Narrative Failed?
TradingKey - During the Asian trading session, spot silver's intraday decline widened to as much as 7%, reaching $83.05/oz, before subsequently narrowing. As of press time, silver was trading at $85.8/oz. Influenced by recent severe tensions in the Middle East and a complex, volatile international landscape, global commodities—particularly pure benzene, liquefied petroleum gas (LPG), ethylene glycol, styrene, and polypropylene—have experienced significant volatility.TradingKey
5 hours ago
Bitcoin Stuck in Range Struggle, Can US-Iran Conflict Help a Breakout?
As the US-Iran conflict continues to escalate, Bitcoin prices remain range-bound and are losing their war premium.TradingKey
10 hours ago
JPMorgan Warns Hormuz Blockade Risks Oil Shutdown in 25 Days, But How Will the US-Iran Conflict Shape Global Oil Prices?
TradingKey - Following the announcement on the night of February 28 banning all vessels from passing through the Strait of Hormuz, JPMorgan Chase issued a warning: if the Strait of Hormuz is completely blocked, the combined onshore and offshore storage capacity of Middle Eastern oil-producing nationTradingKey
Mon, Mar 2
US-Iran Conflict Ignites, Global Arms Race Heats Up, Will Defense Stocks See a New Round of Gains?
TradingKey - On February 28 local time, the United States and Israel launched joint large-scale airstrikes against Iran, targeting its nuclear facilities, missile industry, and naval forces. This marks another sharp escalation in the conflict following the US military strikes on Iranian nuclear facilities in June last year. The military operation not only exacerbates already strained geopolitical tensions but has also sent shockwaves through global capital markets, which is expected to further boost defense stocks.TradingKey
Mon, Mar 2
The Hyperliquid Phenomenon: HYPE Ecosystem’s Path to $250
Explore the Hyperliquid (HYPE) 2026 outlook as it evolves from a high-speed DEX into a powerful Layer 1 ecosystem. This analysis breaks down the $2.95 trillion trading volume, the impact of the HIP-4 prediction market launch, and the HYPE token's technical resilience at the $31.77 level amidst globaTradingKey
Mon, Mar 2
