Over the weekend, surveillance showed a sharp increase in Saudi Arabia's oil load in the Persian Gulf. This is the clearest sign that the country is shifting its export focus back to the Strait of Hormuz after the closure of a key multinational oil pipeline. According to data from the European Union's “Sentinel 2” satellite, an oversized tanker with a carrying capacity of 14 million barrels of crude oil was discovered near Saudi Arabia's export facility on the Persian Gulf coast over the weekend. This is the highest level since at least June. Earlier this month, Saudi Arabia's critical “east-west oil pipeline” was attacked and forced to close. Traders are trying to obtain all kinds of information on Saudi crude oil exports. Saudi Arabia has been using this pipeline to bypass the Strait of Hormuz until now, but after the pipeline was closed, Saudi Arabia has sought to resume oil transportation through the strait.

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