Aramco Offers Crude Outside Hormuz via Fujairah STS
August 17, 2026
News summary: Reuters reported Saudi Aramco offered Arab Medium and Arab Heavy crude to some Asian refiners through ship-to-ship transfers off Fujairah for September loading, allowing buyers to avoid sending their own tankers through Hormuz.
Market context: A bypass offer changes the execution checklist: STS location and approval, mother/daughter vessel compatibility, inspection, title transfer, quality and quantity documents, insurance and delivered freight must all be explicit.
Archive date: August 17, 2026