Saudi Oil Storage Fills Fast on Hormuz Disruption, Kayrros Says

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000War With Iran:Major oil storage sites in Saudi Arabia are filling rapidly as the key export route through the Strait of Hormuz effectively remains closed to shipping, according to geospatial analytics company Kayrros.The Ju’aymah terminal on the country’s east coast “was quickly running out of spare capacity” as of March 1, Kayrros co-founder and chief analyst Antoine Halff wrote in a post on LinkedIn. Four of the six tanks at the Ras Tanura refinery — halted after attacks by Iran this week — were full, he said.