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Saudi Boosts Hormuz Oil Exports; AI Trade Roars Back, $12B Maldives Property Deal
Source: youtube.com
Energy Markets & PricesGeopolitics & WarTransportation & LogisticsInfrastructure & Defense
Saudi Arabia has increased oil exports through the Strait of Hormuz, while diplomacy and improved shipping flows have eased immediate supply concerns and pulled oil prices toward $100 per barrel. Risks remain elevated as the UK plans defensive support for Saudi Arabia against Houthi attacks, and Goldman Sachs warns crude could rise to $120 if disruption risks intensify.
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