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Aramco Puts VLCCs Back Into Hormuz After Three-Week Pause
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Saudi Arabia spent weeks finding ways around the Strait of Hormuz. Now it is starting to send tankers straight back through it. Saudi Aramco resumed crude loadings from its Ras Tanura and Juaymah terminals inside the strait last week, ending a three-week gap in activity at the ports, according to Kpler and Vortexa data cited by Reuters. Three VLCCs—Malaysia Prosperity, Algeria Prosperity and Singapore Prosperity—each loaded roughly 2 million barrels between August 12 and August 16. Six more VLCCs could load Saudi crude from inside Hormuz…