Saudi Aramco Mirrors ADNOC Strategy to Bypass Strait of Hormuz
Saudi Aramco is negotiating crude oil supplies to select Asian refiners, bypassing the Strait of Hormuz. This strategy, similar to that of ADNOC, involves ship-to-ship transfers off Fujairah. Amid ongoing regional disruptions, Aramco’s shift in logistics aims to maintain market share while ensuring safer delivery routes for its crude.