Saudi Arabia resumes oil exports through Red Sea lane

Top oil exporter Saudi Arabia said on Saturday it has resumed all oil shipments through the strategic Red Sea shipping lane of Bab al-Mandeb.

Saudi Arabia halted temporarily oil shipments through the lane on July 25 after attacks on two oil tankers by Yemen’s Iran-aligned Houthi movement.

A statement by the Energy Ministry said shipments had resumed on Saturday.

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Source: reuters