Saudi Oil Can Still Get Out — But It Won’t Be Cheap or Easy - Bloomberg.com

Saudi Oil Can Still Get Out — But It Won’t Be Cheap or Easy - Bloomberg.com

Source: Bloomberg.com

DW NOTE

The blockade has been active for 102 days. That means Saudi Arabia has been finding alternate routes for over three months — this isn't a sudden logistical puzzle, it's established business conducted at permanent wartime markup. The question isn't whether oil can get out; the question is how much of the spread between $96 Brent and pre-crisis pricing stays with the shipper rather than the Kingdom.

Read the full story at Bloomberg.com →