Oil prices fall as Saudi Arabia reroutes crude around Hormuz

BusinessDay | 17-09-2026 10:18am |

Crude oil prices fell further on Thursday after reports that Saudi Arabia plans to increase oil shipments through Oman while rerouting crude around the Strait of Hormuz. The move is seen as a response to potential disruptions in the region. The details of the plan and its impact on global oil markets are still emerging.

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.