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Yanbu Exports at Record Pace as Saudi Bypasses Hormuz [Yahoo! Finance]

The Kraft Heinz Company (KHC) 
Last the kraft heinz company earnings: 4/30 07:05 am Check Earnings Report
US:NASDAQ Investor Relations: ir.kraftheinzcompany.com/overview
Company Research Source: Yahoo! Finance
Crude exports from the Red Sea port of Yanbu are at a record pace as Saudi Arabia reroutes shipments to bypass the Strait of Hormuz, with the Middle East war now in its fourth week. Loadings have climbed to around 3.4 million barrels a day so far in March, according to Kpler data. Since the beginning of the week, flows have reached 4.5 million barrels a day, exceeding 5 million barrels a day on some days. Most Read from The Wall Street Journal The 2,000-Year-Old Cement Battery That Could Reduce Our Reliance on Fossil Fuel Why Investors Were Right to Be Wary of Blue Owl's $1.4 Billion Deal Market Dive Points to Wall Street's Growing Alarm Over Iran War Why Kraft Heinz's CEO Decided Not to Split the Company in Two Savannah Guthrie to Return to ‘Today' in Early April “This marks uncharted territory for the Red Sea system and underscores the scale of the rerouting effort,” Emmanuel Belostrino and Jashan Prema from Kpler said Friday. Earlier this month, the kingdom start Show less Read more
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