10-March-2026
Corporate News
 
Exclusive-Saudi Aramco Reducing Output at Two Oilfields, Two Sources Say
10-Mar-2026

Saudi oil giant Aramco has begun cutting output at two of its oilfields, two sources said on Monday, after the vital Strait of Hormuz was choked by the U.S.-Israeli war on Iran and subsequent attacks on the waterway. It was not immediately clear at which fields and by how much production was being curtailed. Aramco, which has been rerouting some of its crude cargoes to the Red Sea port of Yanbu, declined to comment.

News Source:- https://money.usnews.com/investing/news/articles/2026-03-09/exclusive-saudi-aramco-reducing-output-at-two-oilfields-two-sources-say