strategic shift
Aramco plans to store more oil abroad, reducing risk from attack
At FII Priority Europe summit in Rome, PIF Governor Yasir Al-Rumayyan says EU nations can attract Gulf investment by easing regulatory barriers
Stu Forster/Getty Images
Aramco Chairman Yasir Al-Rumayyan, who is also Governor of the Public Investment Fund and Chairman of Newcastle United football club, on the pitch at St James' Park in Newcastle upon Tyne, England, in May
Add The Circuit on GoogleAramco is planning to expand its global oil stockpile network after the Iran war exposed the risks of moving crude and other fuels through the Strait of Hormuz.
“We are thinking seriously of having larger storage facilities all...
