Saudi Arabia is seeking to increase oil exports through the Strait of Hormuz after attacks forced the shutdown of its key East-West pipeline, which bypasses the waterway.

Intelligence summary

Saudi Arabia is seeking to increase oil exports through the Strait of Hormuz after attacks forced the shutdown of its key East-West pipeline, which bypasses the waterway. The Kingdom had already raised Hormuz shipments in early September and is now trying to boost them further. Source: Bloomberg