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Gulf States Halt Hormuz Talks as Houthis Strike Saudi Airbase; Pipeline Down
OilPrice.com·SA · YE · IR·2 days ago
Saudi Arabia has sold ~20 million barrels to Asian refineries for shipment via the Strait of Hormuz, a reversal from recent months when the East-West pipeline was used to bypass the partially blocked strait. This suggests either improved security conditions or a strategic decision to test the route, with implications for global oil supply and regional risk.
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