Russia

Saudi Arabia in talks on 'shuttle' oil supplies — Bloomberg

TASS English · 2026-10-08

AI SUMMARY

• What happened: Saudi Arabia in talks on 'shuttle' oil supplies — Bloomberg Strait of Hormuz developmentsSaudi Arabia in talks on 'shuttle' oil supplies — Bloomberg Agency sources noted that Saudi oil company Saudi Aramco allowed some buyers to transfer oil from one ship to another off the coast of IndiaNEW YORK, October 8. /TASS/. Sa... • Why it matters: This update may be relevant for Cyprus residents, visitors, businesses or policymakers. • What to watch next: Follow CyprusDailyLife for updates.

Strait of Hormuz developmentsSaudi Arabia in talks on 'shuttle' oil supplies — Bloomberg Agency sources noted that Saudi oil company Saudi Aramco allowed some buyers to transfer oil from one ship to another off the coast of IndiaNEW YORK, October 8. /TASS/. Saudi Arabia is holding negotiations on "shuttle" oil supplies through the Strait of Hormuz under long-term contracts, Bloomberg news agency reported, citing sources. Saudi Arabia uses so-called shuttle vessels to transport oil through the Strait of Hormuz and subsequently transfer it to buyers' vessels outside the area, Bloomberg said. Agency sources noted that Saudi oil company Saudi Aramco allowed some buyers to transfer oil from one ship to another off the coast of India, as buyers do not want to approach the Gulf of Oman due to security considerations. The negotiations are expected to be completed by the end of the year, and a final decision has not yet been made, the news agency added. 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on Russian regionsAccording to Russian Defense Ministry, Ukrainian drones were downed over 21 Russian regionsRead moreTokyo considers allowing nuclear weapons to be brought into Japan — newspaperA provision allowing nuclear weapons to be brought into the country as an exception may be included in new fundamental documents on security, which the Japanese government plans to adopt at the end of the yearRead moreNo reason for international uproar over Alyoshki situation — governorAccording to Vladimir Saldo, the situation in the Kherson Region city of Alyoshki is not so criticalRead moreMali to buy Kamaz trucks worth $51.5 mlnThe contract, signed in accordance with an intergovernmental agreement between Mali and Russia, is aimed at expanding Mali’s transport and logistics capacityRead moreYandex reports fire at data center following drone attackThere were no casualtiesRead moreNo clarity yet on timing of upcoming Putin-Trump phone conversation — KremlinDmitry Peskov noted that Moscow and Washington have not yet agreed on a telephone conversationRead more

Source: TASS English
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