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Bloomberg

Aramco Mulls New Oil Pricing for Asia as Houthis Threaten Flows

Wednesday, July 29, 2026


Saudi Aramco is preparing a new selling price for oil loaded at Egypt's Mediterranean port of Sidi Kerir for delivery to Asia. The company made the adjustment following attacks by Houthi militants in the Red Sea that have increased shipping costs and insurance premiums in the region.

Original reporting: https://www.bloomberg.com/news/articles/2026-07-29/aramco-mulls-new-oil-pricing-for-asia-as-houthis-threaten-flows

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