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Tuesday, 3 March 2026

JUST IN: 🇸🇦 Saudi Arabia rapidly running out of oil storage as exports stall with Strait of Hormuz effectively closed.


Yes, the claim is true. The Strait of Hormuz is effectively closed due to Iranian threats to attack ships after US/Israeli strikes on Iran—shipping traffic has dropped to near zero per marine data and reports from Reuters, Bloomberg, Al Jazeera. Saudi oil storage is filling rapidly as exports stall, with Ju’aymah terminal nearing capacity (Kayrros/Bloomberg, today).

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