03-April-2026
Corporate News
 
O(h)il! Saudi March crude exports halve on-month
02-Apr-2026

Saudi Arabia's crude oil exports fell by half in March after Iran effectively prevented tankers from leaving the Persian Gulf, forcing the kingdom to reroute flows to its west coast. Shipments averaged 3.33 million barrels a day during the month, tanker tracking data show. The drop would have been much bigger if Saudi Arabia hadn't been able to divert crude to export terminals on the Red Sea.

News Source:- https://economictimes.indiatimes.com/news/international/business/ohil-saudi-march-crude-exports-halve-on-month/articleshow/129960425.cms