Saudi Aramco Exploring New Crude Export Routes, More Storage Abroad, CEO Says

10:16 AM EDT, 10/05/2026 (MT Newswires) -- Saudi Arabian Oil Co (SASE:2222), d/b/a Saudi Aramco, is studying new routes for crude exports and exploring more storage abroad to help cover short-term disruptions as the Middle East conflict continues. Speaking at the Energy Intelligence Forum in London, Amin Nasser, the Saudi Arabian oil giant's chief executive officer, said Monday that pressure at "both ends of the barrel" will intensify until the Strait of Hormuz fully reopens and confidence returns.