Saudi oil production plunged as western exports were disrupted
Saudi Arabia's oil production plunged last month as Iran-backed Houthi threats disrupted exports from the kingdom's west coast. Shipments through the Strait of Hormuz waterway in the Persian Gulf remain constrained, the report said.
Saudi Arabia's oil production plunged last month as threats by Iran-backed Houthi rebels disrupted exports from the kingdom's west coast, while shipments through the Strait of Hormuz in the Persian Gulf remained constrained. 9 mil…