Saudi Arabia’s national oil company Aramco began loading cargoes of crude oil at its massive Ras Tanura terminal on Friday – apparently a vote of confidence that shipping from the Persian Gulf will resume, even after Iran attacked a Taiwanese cargo ship on Thursday.
Ras Tanura is a city in eastern Saudi Arabia, situated on a peninsula that juts out into the Persian Gulf. This makes it ideally situated to serve as the kingdom’s primary oil loading terminal, with enough capacity to handle supertankers. Ras Tanura also boasts a massive oil refinery and storage complex. As of late 2025, the port was generating about 6 million barrels per day…
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