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Gulf oil exports surge as Saudi Arabia restarts key terminal after four-month halt
June 26th, 2026 - 04:15 GMT
Dr. Mansour Al-Maswari

Mansour Al-Maswari

Gulf oil exports surge as Saudi Arabia restarts key terminal after four-month halt

ALBAWABA- Major Gulf oil producers are rapidly ramping up crude exports as regional shipping routes recover, with Saudi Arabia restarting loadings at its critical Ras Tanura terminal after a nearly four-month suspension, while Kuwait and Qatar also boost output amid improving security conditions in the Strait of Hormuz. Saudi Aramco resumed crude shipments on Friday at Ras Tanura, one of the world’s largest oil export hubs on the Gulf coast ...
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Iran's Foreign Minister Mohammad Javad Zarif (R) and his German counterpart, Frank-Walter Steinmeier, during a meeting on February 2, 2016, in Tehran. (Atta Kenare/ AFP)
June 28th, 2017 - 11:27 GMT

Germany Wants Better Banking Cooperation With Iran: Minister

The Boeing 737 MAX 9. (Courtesy of Boeing)
June 28th, 2017 - 11:11 GMT

Boeing Inks Deals Worth $74.8 Billion at Paris Air Show 2017

Qatar reduces the price of petrol and diesel in July. (File photo)
June 28th, 2017 - 10:56 GMT

Qatar Cuts Petrol Prices, Despite Crisis

Emirati traders follow the stock market activity at the Dubai Financial Market. (Karim Sahib/ AFP)
June 28th, 2017 - 10:41 GMT

Arabtec Share Price Falls 9 Percent After Recapitalization

Qatar Airways. (File photo)
June 28th, 2017 - 09:37 GMT

Qatar Airways Seeks 10 Percent Stake in American Airlines

IoT already connects more than 10 billion devices worldwide. (File photo)
June 25th, 2017 - 06:09 GMT

IoT Will Generate $4 to $11 Trillion By 2025: Report

Saudi men chat outside the Saudi Stock Exchange in Riyadh. (AFP/ File)
June 25th, 2017 - 05:25 GMT

What Is MSCI Emerging Market Index, and Why Is It Good for Saudi Arabia?

Egyptian president Abdel Fattah el-Sisi. (AFP/ File)
June 22nd, 2017 - 11:00 GMT

Opinion: Is Sisi Pushing Egypt off a Cliff?

Uber's CEO Travis Kalanick stepped down from his position on June 20, 2017. (Tobias Hase/ AFP)
June 22nd, 2017 - 10:59 GMT

Uber's CEO Quits: Is an IPO Now Possible?

All allowances, bonuses and financial benefits will be restored with retrospective effect. (File photo)
June 22nd, 2017 - 10:42 GMT

Saudi Arabia Restores Perks of State Employees

WhatsApp introduced the video and audio calling feature in April last year. (File photo)
June 22nd, 2017 - 10:33 GMT

WhatsApp Video, Audio Calls Now Available in UAE

Islamic finance is set to slow next year. (Adek Berry/ AFP)
June 21st, 2017 - 01:43 GMT

Islamic Finance Growth to Slow Down in 2018: Report

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