Saudi Arabia is in talks with customers to offer oil loadings next year outside the Strait of Hormuz in long-term contracts, formalizing a system the kingdom has been using during the Iran war as it pushes for greater market share.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-10-08/saudis-in-talks-to-formalize-hormuz-shuttles-in-fight-for-market)