Business

Saudi Arabia Boosts Mediterranean Oil Exports

Updated 2026-08-12 20:10 UTC 1 source Neutral

Saudi Arabia has increased its oil exports through Egypt's Sidi Kerir port, more than doubling the volume. The move aims to bypass attacks in the Red Sea.

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CNBC
Oil exports from Egypt's Mediterranean port of Sidi Kerir have more than doubled. The crude is mostly from Saudi Arabia, according to Kpler.
2026-08-12 19:51 UTC
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