Saudi shipping firms are coordinating with U.S. military and government
officials to dispatch multiple tankers through the Strait of Hormuz to boost oil
flows and move Saudi exports toward pre-conflict levels, Khalid Al-Hamad, head
of ship management at Saudi national shipping company Bahri, said at a Dubai
event on Tuesday. He said Bahri sent four tankers through the strait today.
Despite an increase in Iranian attacks on tankers, transits through the strait
have risen markedly in recent months, bringing total Middle East oil shipments
close to pre-conflict volumes.
