Bloomberg reported on the "oil armada" heading to the Red Sea
A flotilla of 25 tankers is heading to the port of Yangba, which is located on the Red Sea coast, to pick up 50 million barrels of oil from Saudi Arabia. This was reported by Bloomberg on March 10.
"Saudi Aramco CEO Amin Nasser said that the company is increasing oil flows through its gas pipeline from east to west, which should reach a full daily capacity of 7 million barrels within a few days," the material says.
The news is being updated.
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