🚨 SAUDI ARABIA SENDS 100M BARRELS THROUGH HORMUZ

Saudi Arabia has reportedly sold nearly 100 million barrels of crude to Asian buyers for October–November delivery via the Strait of Hormuz.

🛢️ Key points:
• Buyers include China, India, South Korea & Japan
• Saudi shipments through Hormuz could more than double
• East-West pipeline remains only partially operational
• Full recovery of ~4M barrels/day could take weeks
• Higher Hormuz shipments may help ease Asian supply fears and cap oil-price spikes

🔥 Oil markets are watching Hormuz closely.

Will increased Saudi flows stabilize prices—or will supply disruptions keep Brent & WTI under pressure?

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