Saudi oil tankers cluster off Egyptian Red Sea coast ...Kuwait

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Saudi oil tankers cluster off Egyptian Red Sea coast
Ten oil tankers, eight of them from Saudi Arabia, are clustered off the Egyptian port of Ain Sukhna on the Red Sea, with two more tankers heading to the same location, according to energy market intelligence firm Vortexa. The cluster, which currently holds 20 million barrels of oil, is the biggest to have formed since the second quarter of 2020, when tankers holding 30 million barrels of Saudi oil were clustered. Of the ten ships, the first arrived on 11 May, meaning it has been anchored for 39 days. The latest ship arrived on 11 June. According to Jay Maroo, Vortexa head of market intelligence and analysis for the Middle East and North Africa, the build-up of tankers

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