Saudis Raise Asia Oil to Record Premium as War Upends Market

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Bloomberg Politics 9 hours ago • bloomberg.com

Saudis Raise Asia Oil to Record Premium as War Upends Market

Saudi Arabia has raised the price of its main oil grade to Asia to a record high premium, as a widening conflict in the Persian Gulf and Iran’s near-closure of the Strait of Hormuz convulse energy markets.

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