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Live Updates  >  Live Update Details

2026-09-17 15:52:10

The CEO of shipping company Frontline anticipates an increase in oil exports from within the Strait of Hormuz following the closure of Saudi Arabia's east-west oil pipeline. Middle Eastern oil-producing nations realize they need to own their own tankers to transport oil within the Strait of Hormuz. With the east-west pipeline shut down, Saudi Arabia will likely need to be more involved in the process.

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