Riyadh seeks access to overseas storage

Saudi Arabia is in talks with foreign governments to give state-owned Aramco access to their strategic oil storage, as the kingdom seeks to make its supplies to customers more resilient during disruptions, CEO Amin Nasser said.

The move follows a flurry of attacks by Yemen's Houthis on infrastructure. "Commercial storage available through partners is limited. The larger capacity lies in what we call strategic storage owned by governments," Nasser said in an interview.

Beijing backs calls TO reopeN Bab al-Mandeb


China on Thursday backed calls for reopening the Bab al-Mandeb Strait disrupted by Houthi attacks. China backs "constructive efforts" to ensure international shipping lanes are safe and open, according to a communique jointly issued with Djibouti, where China has its overseas naval base.

Also read | Aramco asks staff to evacuate Dhahran HQ; US pulls out some Saudi diplomats