Saudi Aramco restarts its largest oil export terminal

Jinse Finance reported that on June 29, according to LSEG shipping data, the world’s largest oil producer, Saudi Aramco, resumed oil loading operations last Friday at the Ras Tanura port in the Middle East Gulf region, after the terminal had been shut down for nearly four months. Located on the Persian Gulf coast of Saudi Arabia, Ras Tanura port houses one of the world’s largest oil export terminals and a major refinery. This port serves as a primary channel for Saudi oil exports, with destinations including the European and Asian markets.