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Saudi Oil Exports Value Surged to Three-Year High in March

Saudi Arabia’s revenue from oil exports jumped to a more than three-year high of $24.7 billion in the first full month of the war in the Middle East, as the kingdom’s ability to divert shipments through the Red Sea coupled with higher energy prices compensated for disruptions from the closure of the

Saudi Oil Exports Value Surged to Three-Year High in March

Saudi Arabia’s revenue from oil exports jumped to a more than three-year high of $24.7 billion in the first full month of the war in the Middle East, as the kingdom’s ability to divert shipments through the Red Sea coupled with higher energy prices compensated for disruptions from the closure of the Strait of Hormuz.

Energy Bloomberg May 21, 2026

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