Saudis Offer to Sell Oil Near Oman, a Possible Sign They’re Sailing Dark Through Hormuz - Bloomberg
Saudis Offer to Sell Oil Near Oman, a Possible Sign They’re Sailing Dark Through Hormuz - Bloomberg
Source: Bloomberg
―
DW NOTE
Saudi Arabia offering to sell oil near Oman means Saudi crude is bypassing Hormuz entirely — likely loaded onto tankers that navigate the Strait with transponders off. Iran has kept Hormuz shut since February; this is Riyadh's workaround. The premium buyers pay for that risk is now embedded in the global benchmark.