Saudi Aramco's Ras Tanura oil export terminal is one of the largest in the world. ReutersSaudi Aramco's Ras Tanura oil export terminal is one of the largest in the world. ReutersCompany forced to divert exports to Red Sea port of Yanbu amid Iranian blockade of Strait of HormuzThe NationalJune 26, 2026
Saudi Aramco resumed oil loading at its Ras Tanura terminal on Friday, ending a near four-month halt caused by Iran's blockade of the Strait of Hormuz.
The Gulf terminal, one of the world's largest oil export facilities, serves key markets including China, Japan, South Korea and Europe.
Cumulative oil supply losses from Middle Eastern producers exceeded 1.3 billion barrels due to the strait's closure, the International Energy Agency estimated.
Saudi Arabia increased crude flows through its East-West pipeline, with exports from the Red Sea port of Yanbu rising from two million to over five million barrels per day.
