Saudi Arabia's oil exports and production reached historic lows in March. The ongoing Iran war has severely impacted global energy markets. This conflict disrupted key shipping routes, affecting oil flows from the Gulf. Saudi Arabia is facing challenges in delivering its crude to international markets. Global oil demand forecasts have been revised downwards.

Saudi Arabia's oil exports and production reached historic lows in March. The ongoing Iran war has severely impacted global energy markets. This conflict disrupted key shipping…

Saudi Arabia's crude oil exports plummeted to 4.974 million barrels per day (bpd) in March, marking the lowest level on record since the Joint Organizations Data Initiative (JODI)…

Saudi Arabia is importing more fuel oil for power generation as oil shut-ins reduce associated gas supply during peak summer electricity demand.