Riyadh largely paused shipments from its Gulf export terminals of Ras Tanura and Juaymah on March 9 after tanker traffic through Hormuz plunged due to Iranian attacks.
—
Spencer Kimball,
CNBC,
2 July 2026
Even as the communist country proposes reforms, the United States continues a pressure campaign, ramping up economic sanctions and maintaining an oil embargo that has plunged much of the island into darkness.
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