Saudi Aramco Ramps up Exports From Ras Tanura, Switches to Spot Sales, Sources Say

Saudi Aramco has resumed oil loadings from Ras Tanura after a nearly four-month halt, with at least five VLCCs carrying 10 million barrels already transiting the Strait of Hormuz toward Asia, while Pakistan urgently seeks LNG as ongoing attacks in the strait continue to disrupt supply flows. The resumption of exports, combined with a switch to spot pricing and a surge in tanker activity, signals a significant shift in Middle East maritime oil traffic dynamics.