Saudi Aramco Stores Crude in Singapore

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https://www.tftc.io/saudi-aramco-singapore-crude-storage-hormuz-bypass

Saudi Aramco plans to store crude at Singapore's Jurong Rock Caverns starting in 2027. The move follows Hormuz disruptions and aims to diversify oil export routes. Volume and financial terms are not disclosed in the agreement.

Image: saudi-aramco-singapore-crude-storage-hormuz-bypass.jpg

#energy #crude #saudi #singapore #aramco #hormuz

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