Event
Energy
Saudi Arabia cuts oil exports to a nine-year low
2 sourcesPublished · Updated
Saudi Arabia's oil exports fell to approximately 3 million barrels per day in August, the lowest level since early 2017. This decline is attributed to attacks on tankers and risks to shipping routes through the Strait of Hormuz and the Red Sea.
Key facts
- Oil exports: 3 million barrels per day
- Lowest level since early 2017
- Attacks on tankers
- Risks to shipping routes
- Port of Yanbu
Saudi Arabia · Iran · USA · Strait of Hormuz · Red Sea · Port of Yanbu
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