Categories: India

Saudi oil export strategy hits new hurdle as Red Sea insurance costs soar

* Quoted war risk premiums for Saudi-linked Red Sea tankers have jumped * US provides no military support in Red Sea, unlike in Hormuz * Red Sea was previously seen as safe escape route for Saudi oil

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Indianews Syndication

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