Saudi Arabia to resume oil exports through Red Sea lane

DUBAI: Saudi power minister Khalid al-Falih stated on Saturday oil shipments during the strategic Red Sea transport lane of Bab al-Mandeb would resume on Saturday, the state information agency SPA stated.


Falih stated the verdict used to be made after the Arab-led coalition had finished all vital security procedures.


Saudi stated on July 26 it used to be temporarily halting oil shipments during the lane after attacks on two large oil tankers via Yemen's Iran-aligned Houthi motion.


Saudi Arabia to resume oil exports through Red Sea lane Saudi Arabia to resume oil exports through Red Sea lane Reviewed by Kailash on August 04, 2018 Rating: 5
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