Ash Oro @ashoro.co.uk · 18/09/20264/20 So the system adapted again. Crude is being loaded at Ras Tanura, inside the Gulf. Tankers carry it through Hormuz to Sohar in Oman, where it can be transferred ship-to-ship to another tanker that never has to enter the Strait at all. 171
Ash Oro @ashoro.co.uk · 18/09/20265/20 This is not a bypass like the pipe. It is risk segmentation. One vessel takes the dangerous leg through Hormuz. Once the cargo reaches the Gulf of Oman, another vessel can collect it and continue east without ever entering the contested waterway. The risk has moved, not vanished. 160
Ash Oro @ashoro.co.uk · 18/09/20266/20 And now to the new bit. Reuters reports around 60 million barrels have been sold for September and October using this model, with Saudi Gulf exports running around 1-1.5m barrels per day. The biggest buyers are in China and South Korea, with India and Japan also taking cargoes through Sohar. 160
