Saudi Arabia’s oil export value surged 37.4% in March to a 3.5-year high of $24.7B, even as volumes hit record lows, as $100+ oil and Yanbu rerouting offset Hormuz disruption.

RIYADH: Saudi Arabia’s Operating Revenue Index rose 10.2 percent in March from a year earlier, driven by robust growth in transportation, mining and financial services, as the…

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…