Middle East oil exports drop at least 60% as Hormuz stays mostly closed, data shows reut.rs/4luCYQ5
reut.rsMiddle East oil exports drop at least 60% as Hormuz stays mostly closed, data showsDaily oil exports from the Middle Eastern Gulf, home to top exporter Saudi Arabia and other major producers, have dropped by at least 60% in the week to March 15 compared to February due to disruptions and output cuts amid the U.S.-Iran war, according to shipping data and Reuters calculations.
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