Saudi Aramco sells at least 4 million barrels of crude loading outside Hormuz to China, sources say - Reuters

Summary

Saudi Aramco has reportedly sold at least four million barrels of crude oil to China, with the key detail being that the cargo will be loaded from a terminal outside the Strait of Hormuz. This move utilizes Saudi Arabia's alternative export infrastructure, such as the Mu'ajjiz terminal on the Red Sea, to bypass the critical and often volatile chokepoint. The sale underscores Aramco's strategy to de-risk its supply chain and guarantee reliable delivery to its key Asian customers.