U.S. Receives No Saudi Crude in July, First Full-Month Halt Since 1985
U.S. imports of crude oil from Saudi Arabia fell to zero in July, according to preliminary U.S. Department of Energy data, marking the first full month without Saudi shipments since 1985. The interruption is linked to disruptions in Persian Gulf crude flows tied to the U.S.-Iran conflict. Refiners have shifted toward other sources, including increa…