Saudi Aramco resumes oil loading at Ras Tanura

Saudi Aramco resumes oil loading at Ras Tanura

Saudi Aramco resumed crude loadings on Friday at its Ras Tanura terminal in the Gulf after a near four-month halt, shipping data showed, as the world's biggest oil exporter joined a rush to move cargoes amid industry hopes of a return to normal following the war on Iran.

The loadings come despite a ship belonging to Taiwan's Evergreen being hit by an unknown object in the Strait of Hormuz on Thursday, Reuters reported.

Middle East producers were ramping up oil and gas output and exports in the lead-up to the interim deal between Iran and the US to end the war and reopen the strait, through which a fifth of the world's oil and liquefied natural gas supplies used to pass.