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Global Business News

The Economic Times

Global Business / The Economic Times

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Oil slips as investors assess Saudi export recovery

Oil prices experienced a decrease as Saudi Arabia managed to resume shipments following Houthi assaults. These attacks on Saudi sites led to a strategic decision to boost exports via the Strait of Hormuz. The flow of oil from the Middle East continues to thrive, while Saudi Arabia modifies its export paths.

21 Sep 2026 7:26 am