Saudi Arabia to resume Oil exports through the Red Sea trade lane

CNBC. 4 August. 4 minute read.

Saudi Arabia which had halted oil shipments through the strategic Red Sea shipping lane of Bab al-Mandeb due to attacks on 2 large oil tankers by Iran-aligned Houthi movement of Yemen, has agreed to resume movement after procedures being adopted by the coalition.
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By | 2018-08-17T09:38:48+00:00 August 17th, 2018|Global Trade|0 Comments

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