The Strait of Hormuz has forced Saudi Arabia to provide oil discounts. 🔹Saudi Arabia is selling its light oil to Asian customers for next month at a price $2 lower than the Oman-Dubai benchmark. 🔹This discount has been announced as the country's oil exports to the US have dropped to zero for the first time in 53 years.
Translated regional report
The Strait of Hormuz has forced Saudi Arabia to provide oil discounts.
Automated translation and editorial curation by WhenBuyPublished
Original report: Fars News AgencyEditorial policy
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