Saudi’s won’t halt oil exports
Recent incidents in Bab el-Mandeb Strait spark concerns.
Saudis Won’t Suspend Oil Exports To The West
By Irina Slav
Aramco is unlikely to suspend West-bound crude oil exports after the Houthi missile attacks against two Saudi tankers in the Bab el Mandeb strait, The National reports citing oil analysts. Riyadh announced that it would stop shipments via the chokepoint after the attacks, and this sparked worry that Saudi exports would be disrupted, raising prices.
However, it is unlikely that Saudi Arabia would allow such a dent in exports.
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