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Saudi Energy Ministry denies buying 25 oil tankers, rejects Iraq claim on higher transport costs
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On September 22, the Saudi Arabian energy ministry issued a statement denying reports that the kingdom had purchased 25 oil tankers. The denial came in response to claims from Iraq that Saudi Arabia's alleged purchase of the vessels had driven up Iraq's crude oil transportation costs. The Saudi statement categorically rejected the Iraqi assertion as false, without providing further details. The brief report, sourced from Chinese financial media outlet 财联社 (CLS), does not include any additional context or attribution beyond the Saudi denial. The incident highlights ongoing tensions between the two major OPEC producers over oil market dynamics and regional competition.
Source report
September 23 — Saudi Arabia's energy sector issued a statement on September 22 denying reports that the kingdom had purchased 25 oil tankers. The statement also refuted claims from Iraq that such a purchase had driven up the cost of transporting Iraqi crude oil.
The Saudi energy department described the allegations as unfounded, rejecting the assertion that Saudi actions had increased Iraq's crude shipping expenses.
Source
财联社Eastern