Saudi oil production rebounds close to prewar levels
Output higher than average before Iran conflict as kingdom keeps exports flowing despite attacks on shipping and energy infrastructure
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Output higher than average before Iran conflict as kingdom keeps exports flowing despite attacks on shipping and energy infrastructure
UAE oil exports surpassed prewar levels “at a certain time” as the Arab world’s second-largest economy continues to work as reliable supplier to the world, despite Hormuz disruptions. “At a certain time, we did better than prior because of our continuous work,” UAE’s Minister of Energy and Infrastructure Suhail Al Mazrouei told delegates at the Adipec confer
Non-Iran Middle East oil exports have surpassed prewar levels as ships continued to transit through the Strait of Hormuz , a key route for global oil supplies, despite rise in attacks on vessels. The total oil flows, including shipments through Hormuz and alternative routes across the region, averaged more than 24.5 million barrels per day for the week ended
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